Public Debt to Gdp Ratio Amounts to 26% Over 2016 in Kazakhstan

AKIPRESS.COM - Public dept of Kazakhstan to the country's GDP amounted to 26% over 2016, said Minister of Finance Bakhyt Sultanov on Friday at the enlarged meeting of the Government.

"During the reporting period, budget deficit has decreased to 741 billion tenge at the forecast of 903 billion tenger deficit. The budget deficit to GDP ratio was 17%.

The public debt to GDP totaled 26% and the safe threshold is kept," said Sultanov...