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KAZAKHSTAN ECONOMIC RESEARCH
Kazakhstan Macroeconomic PerformanceThis Section is contributed by Kazkommerts Securities
September 1998
Consolidated Government Budget, USD million
1997 |
1Q97 | 2Q97 | 1H97 | 3Q97 | 4Q97 | 1Q98 | 2Q98 | 1H98 | |
| Revenues | 3716.8 |
627.9 |
813.9 |
1441.8 |
1065.0 |
1202.8 |
875.1 |
938.7 |
1813.8 |
| Tax Revenues | 2698.4 |
490.4 |
621.0 |
1111.4 |
633.7 |
946.6 |
692.2 |
710.6 |
1402.8 |
| Non-Tax Revenues | 234.2 |
50.9 |
60.2 |
111.1 |
61.8 |
63.7 |
51.6 |
64.8 |
116.4 |
| Revenues from capital operations | 784.2 |
86.6 |
132.7 |
219.3 |
369.6 |
192.5 |
92.8 |
146.4 |
239.2 |
| Official Transfers | 0.0 |
0.0 |
0.0 |
0.0 |
0.0 |
0.0 |
38.5 |
16.9 |
55.4 |
| Expenditures | 4489.6 |
629.3 |
898.2 |
1527.5 |
1188.0 |
1764.4 |
844.5 |
1257.0 |
2101.6 |
| General Government Expenditures | 1037.1 |
150.4 |
208.4 |
358.8 |
228.1 |
449.9 |
130.9 |
231.3 |
362.2 |
| Education | 893.4 |
198.9 |
256.9 |
455.7 |
210.3 |
227.6 |
183.3 |
226.3 |
409.5 |
| Health Care | 413.0 |
83.7 |
101.7 |
185.4 |
93.7 |
111.2 |
61.3 |
61.0 |
122.3 |
| Social Insurance and Social Security | 381.6 |
59.2 |
82.6 |
141.8 |
82.0 |
158.8 |
131.7 |
186.0 |
317.8 |
| Other Expenditures | 1423.2 |
122.7 |
192.9 |
315.6 |
471.8 |
649.3 |
317.9 |
440.5 |
758.5 |
| Deficit | -772.9 |
-1.4 |
-84.3 |
-85.7 |
-123.0 |
-561.5 |
30.5 |
-318.3 |
-287.8 |
| Domestic Financing: | |||||||||
| Non-bank borrowing (short term T-bills) | 139.1 |
71.9 |
49.0 |
120.9 |
27.3 |
-9.0 |
-13.5 |
164.8 |
151.3 |
| Non-bank borrowing (long term T-bills) | 30.7 |
6.6 |
5.3 |
11.9 |
10.2 |
8.6 |
0.0 |
0.0 |
0.0 |
| Direct bank credits | 33.1 |
0.0 |
2.3 |
2.3 |
30.7 |
0.0 |
0.0 |
0.0 |
0.0 |
| Other domestic sources | -50.8 |
-81.1 |
24.7 |
-56.4 |
-78.0 |
83.4 |
-15.7 |
-68.3 |
-84.1 |
| External Financing | 620.7 |
3.9 |
3.0 |
7.0 |
132.8 |
478.5 |
-1.3 |
221.9 |
220.6 |
Kazakhstan Weekly News is also available free of charge on E-mail. To subscribe via E-mail, please contact us on Lydia@kazks.kz or Madina@kazks.kz. |
| © Kazkommerts Securities 1998. Please
cite source when quoting. This report has been prepared by Kazkommerts Securities and provided solely for information purposes to recipients only. The information contained herein has been obtained from sources believed to be reliable, but is not necessarily complete and its accuracy cannot be guaranteed. This information does not constitute an offer to buy or sell securities. Kazkommerts Securities or its affiliated persons may be buying, selling or holding long or short positions, acting as investment bankers, be represented on the Board of the issuers in securities mentioned herein. This report is not intended for the use of private investors. Investment in Kazakhstan markets is an extremely risky activity and many persons, physical and legal, may be completely or partially restricted from dealing in the Kazakhstan securities markets. |
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