Press release to the draft Order of the Minister of Finance of the Republic of Kazakhstan «On approval of the Rules for preparation of forecast consolidated financial statements for the regional budget, the budget of the city of republican significance, the capital»

Additions «On Amendments and additions to certain Legislative Acts of the Republic of Kazakhstan on improving budget legislation» was made to the Budget Code (articles 3, 60, 61-1, 74, 75) by the Law of the Republic of Kazakhstan dated November 30, 2017 No. 112-VI of the LRK, which define the procedures for formation of forecast consolidated financial statements for the republican budget-from 2020, for local budgets-from 2023.
In accordance with paragraph 3 of Article 61-1 of the Budget Code, the forecast consolidated financial statements to the regional budget, the budget of the city of republican significance, the capital were compiled in accordance with the procedure determined by the central authorized body for budget planning in coordination with the central authorized body for state planning.
According to Articles 61-1 and 75 of the Budget Code, since 2023, the forecast consolidated financial statements for the regional budget, the budget of the city of republican significance, the capital were presented as part of the draft decision of the maslikhat on the regional budget, on the budget of the city of republican significance, the capital.
In this regard, in order to implement paragraph 3 of Article 61-1 of the Budget Code, the Ministry of Finance has developed a draft Order of the Minister of Finance of the Republic of Kazakhstan «On approval of the Rules for preparing forecast consolidated financial statements for the regional budget, the budget of the city of republican significance, the capital».
This project is posted on the Internet portal of open regulatory legal acts http://legalacts.egov.kz August 31, 2021.
The deadline for public discussion of the Project is until September 14, 2021.