In 2007, budget revenues will amount to 15.3% of gdp, including tax - 11.7%, respectively in 2008 - 16.4% and 12.2% of the gdp.

To solve the major problems concerning the general policy of public spending in 2006, began large-scale reform: to optimize the network structure and the social sphere, reorganization of the central and local executive authorities, the reform of housing and communal services, social protection and pensions of the population .

The priority areas of public spending will be education, health, social security and welfare. In general, the share of spending on social programs on the draft budget for 1998 amounted to 61.5% of all state spending.

To solve the social problems of the republic in 2007, the Government of the Republic of Kazakhstan serious steps were taken to strengthen the revenue side of the state budget. The main directions in this area were the strengthening of control over income taxes and work with individual taxpayers, improved methods of administration of tax collection, modernization and computerization of the tax services of the republic. However, these measures do not give rapid effect in 2006, the financial capabilities of the state budget was limited. In this regard, the emphasis of fiscal policy this year was aimed at more effective management of state property, the management of public finances, strengthening the control of a target expenditure of taxpayers' money. Work in this direction will be carried out continuously and systematically.

Despite the extra burden on the state budget in connection with the reform of the pension system and the emergence of tangible costs of servicing public debt, the government has budgeted for 2006 is considerably larger sum for investment programs than in previous years. If the 2007 budget provided for investments of $ 19.9 billion tenge, next to the budget of priority investment projects from external sources was sent to 34 billion tenge, or about $ 400 million, which, in turn, stimulated a significant increase in demand and economic growth of the country.

The main priorities of the government investment program is the development of social and productive infrastructure, the intensification of housing. B. a list of investment projects include the rehabilitation of the education system, development of road network, rehabilitation of irrigation systems and water systems. Provides funding for projects from the state budget, as well as funds provided by foreign donors.

Beginning in 1998, the Ministry of Finance refuses to direct loans of the National Bank. To finance the budget deficit in 1998 was used only non-inflationary sources and methods of market borrowings in the domestic and foreign financial markets.

In 1997, there had been no default on any government financial liabilities that have greatly strengthened our country's image as a reliable partner in international affairs. For the first time in the history of Kazakhstan in November 1996 he received an international credit rating, which allowed a month to carry out a confident debut Eurobond issue amounting to U.S. $ 200 million in global financial markets.

In terms of attracting foreign direct investment per capita, Republic of confidence among the top five Central and Eastern European countries and CIS. Cumulative foreign direct investment, according to the European Bank for Reconstruction and Development, the economy of Kazakhstan for the period 1989-1996 gg. amounted to 2761 million U.S. dollars. Unfortunately, in the near future to rely on internal resources is not necessary. Looking for best practices, new technologies and know-how, managerial and marketing skills. That is why we are making great efforts to create a favorable investment climate in the country.

May be noted that Kazakhstan has now sufficiently sophisticated legal and institutional framework for effective engagement and use of foreign investment. We have now the most liberal tax regime compared to other CIS countries, a limited number of taxes - there are only 11 to 45, existing in the old tax law. 1Nemalovazhnoe importance is the fact that reforms in the country move forward. According to the World Bank, Kazakhstan was the initiator and leader among CIS countries in implementing reforms.

Attracting investment into the country, and we solve another important social issue - the preservation of employment. This is very important for Kazakhstan, as in 1996, the statistical authorities of the republic recognized officially unemployed - 391.7 thousand people. or 4.1% of the economically active population.

Another factor - it's structural reforms. According to government plans, all radical reforms should be completed within the next two years. Transit status of Kazakhstan's economy, moving from an administrative system to market, will become more established category. There are all conditions. This legal framework of the market, and investment packages, and a way to organize the budget, tax, monetary and anti-inflation policy, and, finally, a way of organizing themselves relations not only in economics but also in society. The country established a sufficiently strong foundation for the sustainable economic growth in the future.