Parliament of Kazakhstan has adopted a revised republican budget for 2016-2018.
The Parliament has projected average oil prices at $40 per barrel in 2016-2017 and $50 per barrel in 2018-2020.
The real economy growth in the budget is projected at 2.1% in 2016, 3.6% in 2017, 2.9% in 2018, 3% in 2019, Trend reports.