Kazakh Budget projects fulfillment costs should be equal to economic growth - Kazakhstan Premier Minister

Kazakhstan Materials 24 August 2006 12:04 (UTC +04:00)

(Kazinform) - Starting from 2008 budget projects fulfillment costs should become adequate to the economic upswing at large, Kazakhstan Premier Daniyal Akhmetov told at todays governmental sitting.

It is necessary to understand the national budget expenditures should be equal to GDP growth, Premier added. We have to measure expenses taking into account the economic advance, reports Trend.

A number of ministries and departments is known to overstate the current outlays. For the first six months of 2006 GDP growth reached 9.3 per cent while increase in revenue expenditures for the implementation of a set of programs made 29%.

PM has charged the ministries concerned to analyze carefully all the ministries spending.

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