Kazakhstan: Capital investments doubled in defense
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Nur-Sultan, The Gulf Observer: Capital investments into public administration and defense sector as well as compulsory social security in Kazakhstan in the first six months of 2022 reached KZT 38.8 bln that is 2.2 times more as compared to the previous year.
In the first half of 2021 investments into the sector made KZT 17.9 bln (minus 34% over the year). The most investments fall on Turkestan region up to 13.8 billion that is 4.3 times more.
The capital city with 7.5 billion takes the lead in investments, while Almaty reports a growth of 2.3 time up to KZT 4.7 billion. Shymkent wraps out the top three with 37 million of investments (minus 84.5% over the year).
52.9% of capital investments or KZT 20.5 billion were allocated form the republican budget that is 5.3 times more against the previous year. KZT 17.1 bln was provided by the local budget (plus 28.6% over the year), KZT 916 million from own funds of enterprises and KZT 280.7 million accounted for borrowed funds.
