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Violations worth KZT 355bn revealed in 2018 budget execution

05.06.2019

The audit and cameral control of 2018 budget execution revealed violations worth 355 billion tenge. It was stated at Majilis plenary session in the conclusion on reports of the Government and the Accounts Committee on 2018 budget execution, Kazpravda.kz correspondent reports.

Most of the violations were committed by state institutions funded from the republican budget - 214 billion tenge, or 60.4%. Violations by local executive bodies in the use of the targeted transfers from the republican budget are the sum of 82.6 billion tenge or 23.3%, by the subjects of the quasi-public sector of republican subordination - 58 billion tenge or 16.3%.

The conclusion also says that as of January 1, 2019, the public debt without taking into account mutual requirements amounted to 15 387.2 billion tenge or 26.2% of GDP.