1. Ministry of Finance Republic of Kazakhstan
Қазақстан Республикасы Қаржы министрлігінің Қазынашылық комитеті
Treasury Committee
Ministry of Finance Republic of Kazakhstan
Ministry of Finance
Republic of Kazakhstan
Reporter: Aigul M. Baiguzhina
Acting Chair
Treasury Committee, Ministry of Finance of the Republic of Kazakhstan
Vienna, 2018

2. Legal and Regulatory Framework
Budget Code of the Republic of Kazakhstan
Law of the Republic of Kazakhstan No. 461, dated July 2, 2003, “On the Securities Market”
Resolution No. 466 of the Government of the Republic of Kazakhstan, dated April 3, 2009
“On Approval of the Rules for Issuance, Placement, Servicing and Redemption of Government Treasury Bonds of the Republic of Kazakhstan”
Order No. 540 of the Minister of Finance of the Republic of Kazakhstan, dated December 4, 2014
“Rules for Budget Execution and Cash Servicing Thereof”
Bank Account Agreement No. 574, dated November 14, 2001, for servicing TSA
Agreement on Deposit Taking (Bank Deposits) and Saving Account Opening and Maintenance No.404 NB, dated August 21, 2015

3. Description of Functional Modules
Forecasting cashflows and amounts needed for the national budget as guaranteed transfers from the National Fund;
Daily monitoring of the national budget execution with focus on current programs and budgetary development programs;
Daily monitoring of withdrawals to the National Budget;
Daily close of business in TIIS and compiling a TSA analysis;
Carrying out activities to deposit temporarily free national and local budgetary cash funds in the RK National Bank;
Ensuring provision of cash for state-owned institutions in cases stipulated for in the budgetary legal framework
Cash
Management

4. Integrated Plan of Revenues and Funding of National Budget Payments for 2018
“Approved" Chair, Treasury Committee
Ministry of Finance of RK _______________ " 22 " December SEAL
Type of budget
National Budget
Period
2018
Unit
Thousand Tenge
Budget Classification Codes
Financial plan for the year
План по месяцам
January
February
March
April
May
June
July
August
September
October
November
December
Наименование
REVENUES
TAX REVENUES 1
Tax revenues
NON-TAX REVENUES 2
Non-tax revenues 3
Fixed Capital Sales Revenues 4
Transfer Revenues
II. EXPENDITURES 5
Repayment of public budget loans
IV BALANCE OF FINANCIAL ASSET TRANSACTIONS
ACQUISITION OF FINANCIAL ASSETS
V. BUDGET DEFICIT (SURPLUS)
VI. FINANCING BUDGET DEFICIT (USING BUDGET SURPLUS) 7
Receipt of loans 16
Repayment of loans
USED BALANCES OF BUDGETARY FUNDS
Head of structural unit
of an authorized budget executing body,
responsible for drafting the Integrated Plan

5. Analysis and Expected Execution of the National Budget in 2016
December
Name
Planned
Actual
Act. Vs planned deviation %
REVENUES
100.2
Tax Revenues
109.1
Non-tax revenues
109.4
Fixed assets sales revenues
81.9
Transfers received
89.3
including guaranteed transfer
85.1
including target transfer
99.0
EXPENDITURES
98.2
Social benefits to select categories of citizens
99.9
External loans interest payments
96.9
Internal loans interest payments
94.2
Salaries
99.8
JS NC Astana EXPO-2017 ( )
100.0
Subventions
Target development transfers, target current transfers
Expenditures funded by RK NF target transfers
100.1
Expenditures funded by RK NF target transfers (RK Government’s special reserve)
92.1
Other expenditures
94.9
NET BUDGET LENDING
99.2
Budget loans including
repayment of budget loans
101.9
BALANCE OF FINANCIAL ASSETS TRANSACTIONS
33 445
Acquisition of financial assets including -1
Revenues from sales of public financial assets
99.1
BUDGET DEFICIT (SURPLUS)
82.1
BUDGET DEFICIT FUNDING
Loans received
91.8
Repayment of loans
Internal public loans
414.9
Receipt
71.9
Repayment
External sovereign loans
97.6
Receipt (loan agreements)
Receipt (Public Issuable securities )
Redemption
97.3
Used balances of budget funds
59.1
NB Cash control account balance ( ,813)
NB balance including external loans ( ,1)
Revenues (less internal debt)
Expenditures (less internal debt)
98.3
Revenues
Expenditures
98.4
For reference: VAT : 45.6 bn Tenge returned out of total 79.8 bn Tenge
NF target transfer funded expenditures: bn Tenge executed out of total bn Tenge

6. Data on Cash Balances as of November 5, 2018 (for Nov 02, 18)
Vice-Minister of Finance of the Republic of Kazakhstan
B. Sholpankulov
No.
Name
Amount 1
Cash balance of NB CCA 2
Cash balance of LB CCA 3
TOTAL cash balance on CCA of the budgets (1+2) 4
Cash balance on NB QPSE CCA 5
Cash balance on LB QPSE CCA 6
Cash balance on RK NF CCA 7
Cash balance on EAEU CCA 8
Cash Balance on local self-government CCA 9
Cash balance on MHIF CCA 10
Other accounts 11
TOTAL cash balance on other CCA’s ( ) 12
TSA Deposit in national currency 13
Total balance of TSA: ( )
For reference:
RK National Fund in foreign currency, ($ mln.)
Net international reserves, ($ mln.)
RK National Fund (total in Tenge)
LB deposit in national currency
Thousand Tenge

7. Cash Control Accounts (CCA) in the Treasury
Treasury Single Account
(TSA)
National Budget CCA
CCA of local budgets
CCA for chargeable services
Charity CCA
Temporary cash placement CCA
Local self-government CCA
CCA for external loans reconversion or related grants
Funds deposited with the RK National Bank
National Fund CCA
Targeted Funding CCA
CCA of EAEU member-states
NB and LB quasi-public sector entities’ accounts

8. Procedures for Issuance of Public Securities
Ministry of Finance of the Republic of Kazakhstan
Terms of Issue
Primary Dealer
Orders to settle accounts
Public Securities sales and purchase transactions

9. Potential Investors in Public Securities
PS of the RK MoF
Insurance companies
Pension Fund
Investment companies
Individuals
Second tier banks

10. Placing Deposits with the RK National Bank
Ministry of Finance of the Republic of Kazakhstan
National Bank of the Republic of Kazakhstan -
Transaction Certificate
National Budget
Servicing local budgets

11. Thank you for your attention!