ACTUAL DATA ON AMOUNT OF BORROWING, PUBLIC DEBT
AND INTEREST PAYMENTS
Government borrowing was carried out within the revised republican budget deficit for 2022.
In 2022 Ministry of Finance has placed government (state) securities (receipts to the budget) with total amount of KZT 3,969.2 billion.
External borrowing was made in amount of KZT 66.0 billion.
At the same time, in 2022, the foreign currency account of the Ministry of Finance in the NB received funds from the IBRD program loan in the amount of 345.7 million euro in order to finance the budget deficit in 2023.
As of January 1, 2023, the public debt amounted to KZT 25,317.7 billion or 24.4% of GDP (in amount of GDP KZT 103,570.4 billion), including:
1) government debt - KZT 22,008.8 billion or 86.9% of public debt.
The structure of government debt is as follows:
- internal debt – KZT 14,165.0 billion (64.4%),
- external debt – KZT 7,843.7 billion (35.6%);
2) internal debt of National Bank of Kazakhstan on a discounted cost (short-term notes) - KZT 2,236.2 billion;
3) portfolio of debt obligations of local executive bodies amounted to KZT 1,072.7 billion or 4.2% of the total amount of public debt.
The government structure:
by maturity:
- short-term – KZT 198.4 billion;
- medium-term – KZT 2,598.4 billion;
- long-term - KZT 19,212.0 billion;
by interest rates:
- fixed – 78%;
- inflation indexed – 5%;
- floating – 17%.
Government debt service payments for 2022 amounted to KZT 1,297.4 billion.