OREANDA-NEWS. November 10, 2014. At plenary session the Kazakh Senate has adopted the law "On amendments to the Law of Kazakhstan "On national budget for 2014-2016".

"The 2014 national budget framework forecast was adjusted according to the revised forecast of national measures. Given the GDP and import forecast decrease the national budget revenues are estimated at KZT 3 trillion 940,4 billion that is KZT 420,7 bln less than the approved plan," National Economy Minister Yerbolat Dossayev said representing the bill.

As stated there, budget expenditures for 2014 are expected to stand at KZT 7 trillion, 190,3 billion.

The real GDP growth is forecast to increase by KZT 164,2 bln to make KZT 1 trillion 68 billion that is less than the earlier projected level by 1,7 points.