Reporting on the state budget for 11 months 2018, Minister of Finance Alikhan Smailov reported that the plan for state budget revenues (excluding transfers) was exceeded by 102.6%. The budget received 7.38 trillion tenge. This is 232 billion tenge more than in 2017. The revenues of the republican budget were executed by 102.1%, local budgets — by 104%.
The minister noted that as a result of carrying out measures for the utilization of budget funds, the pace of implementation, compared with 11 months in 2017, has improved. State budget expenditures were executed by 98%, the republican budget — by 98.6%, and local budgets — 98.2%.
According to the Ministry of Finance, the republican budget received 5.3 trillion tenge, which exceeds the annual plan for 2017. At the same time, annual plans for export customs duty on crude oil and mineral extraction taxes have already been exceeded by 109 billion tenge and 38 billion tenge.
The growth rate of revenues amounted to 120%, which is 873 billion tenge more than the same period in 2017. This increase was formed mainly due to tax revenues.
“The tax increase was influenced, firstly, by an increase in the production of goods and services in certain sectors of the economy. Secondly, the rise in prices for major export positions and the rise in the average price of oil and the US dollar exchange rate. Thirdly, the improvement of tax and customs administration,” Smailov said, stressing that, given the monthly dynamics of income, including taxes, the net budget revenues are expected to be 103% complete by the year end.
Expenditures of the republican budget for 11 months of 2018 amounted to 8.7 trillion tenge, or 98.6%. According to the year results, the Ministry of Finance informs that the republican budget is expected to implement 99.6% of the funds.
“During the reporting period, the regions received targeted transfers for 698 billion tenge. At the local level, 668 billion tenge or 95.6% was mastered. Non-performance amounted to 30 billion tenge. Of these, 2 billion tenge — savings. A total of 28 billion tenge have not been mastered. This is 34 billion tenge less than for 11 months of 2017,” Smailov reported.
In a recent budget adjustment, targeted transfers were reduced by 8 billion tenge. About 1.8 billion tenge were redistributed between regions. The Minister of Finance indicated that all the conditions had been created for the full utilization of the allocated funds by local executive bodies.
Reporting on the monitoring of the use of budget funds, Smailov said that the issue is under constant control. Over 11 months, 2887 audits were carried out. About 1.5 trillion tons of budget funds were covered. Financial irregularities for 155 billion tenge were found. This is 60% lower than the same period in 2017. Of these, 134 billion tenge was eliminated by performing work, providing services, supplying goods, reimbursing the budget and reflecting it in budget accounting. In total, 2243 recommendations were sent to audit objects. Of these, 1395 fulfilled.
In conclusion, Smailov noted that all administrators were recommended to approve preliminary plans for public procurement and start announcing relevant tenders for the 2019 budget. According to the latest data from the Ministry of Finance, the public procurement portal announced purchases totaling $5 trillion. Of these, through open competition — 3.4 trillion.
“This work is under the control of the Ministry of Finance. The reporting period results can predict that by the year end, the revenues of the republican budget will be fulfilled by 103%, expenses — by 99.6%,” Smailov said, stating that about 200 billion tenge is flowing to the next fiscal year, this will allow timely and continuously finance the costs of the new fiscal year.
During the meeting, the akims of the Mangystau region Eraly Tugzhanov, Turkestan region — Zhanseit Tuimebayev, Kyzylorda region — Krymbek Kusherbayev, akim of Astana city — Bakhyt Sultanov, as well as the First Deputy Akim of Almaty region Lazzat Turlashov, Deputy Akim of Karaganda region — Serik Shaidarov reported on the measures taken to ensure the budget execution. Deputy Prime Minister - Minister of Agriculture Umirzak Shukeyev, Minister of Defense Nurlan Yermekbayev, Minister of Internal Affairs Kalmukhanbet Kassymov, Minister of Education Yerlan Sagadiyev, Minister of Culture and Sports Arystanbek Mukhamediuly made reports on the work for ensuting quality execution of the allocated funds by the year end.