The Kazakh parliament has approved the budget for 2014-2016, Trend reports.
Minister for Economy and Budget Planning Yerbolat Dosayev said that the budget will have an income of about $37.5 billion in 2014, about $40.5 billion in 2015, about $44.7 billion in 2016.
Expenses will total $43.6 billion in 2014, $about 46.9 billion in 2015, about $51 billion in 2016.
The budget deficit will total about $6.1 billion (2.4% of GDP) in 2014, about $6.4 billion (2.2%) in 2015 and about $6.3 billion (1.9%) in 2016.