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Kazakhstan's foreign trade dropped twofold compared to 2008

ASTANA. October 30. KAZINFORM /Damir Baimanov/ "The volume of foreign trade of Kazakhstan has decreased twofold compared to the last year", Chairman of the Trade Committee of the Kazakh Ministry of Industry and Trade Aidar Kazybayev said it Friday at the press conference. "Within nine months the volume of foreign trade has amounted to USD 50 bln and decreased twofold compared to the corresponding period of the last year. The export amounted to USD 30 bln, import - USD 20 bln", he noted. According to him, the situation is due to external reasons. "About 80% of export is primary products, the world prices of which have receded in 2008-2009", A.Kazybayev said. 30.10.2009 / 18:46 Senate adopted amendments to national budget for 2009-2011 ASTANA. October 30. KAZINFORM /Muratbek Makulbekov/ Draft Law "On amendments to the Kazakh Law "On the national budget for 2009-2011" was considered at the plenary session of the Senate of the Kazakh Parliament. Kazakh Minister of Economy and Budget Planning Bakhyt Sultanov noted that the draft Law was developed on the basis of corrective of the forecast of the social and economic development and budget parameters of Kazakhstan for 2009-2011 and valuation of expected execution of the republican budget this year. "The budget revenues amounted to KZT 2.798 trln, decreasing by KZT 40 bln as compared to the current budget. The budget expenditures are up to KZT 3.371 trln, decreasing by KZT 39.7 bln. The budget deficit is up to KZT 573.6 trln", B.Sultanov said. Upon the discussion the Law was adopted.


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