«On approval of the Rules for budget execution and its cash management»

Press release to the draft Order of the Minister of Finance of the Republic of Kazakhstan «On Amendments to the Order of the Minister of Finance of the Republic of Kazakhstan dated December 4, 2014 № 540 «On Approval of the Rules for Budget Execution and its cash services» (hereinafter - the Draft).

The Ministry of Finance of the Republic of Kazakhstan has developed a draft order of the Minister of Finance of the Republic of Kazakhstan «On Amendments to the Order of the Minister of Finance of the Republic of Kazakhstan dated December 4, 2014 № 540 «On Approval of the Rules for Budget Execution and its cash services».

This project has been developed for implementation:

1) Order of the Minister of Finance of the Republic of Kazakhstan dated December 11, 2015 № 648 «On approval of the Rules for Public Procurement», according to which, if the Supplier is in the register of domestic manufacturers of goods, works and services, the Customer makes an advance payment in the amount of 30 % within 10 (ten) calendar days from the date of conclusion of the contract of the contract amount;

2) letters of the Astana City Finance Department dated March 29, 2024 № 113-05-15/147, according to which it is necessary to ensure timely social payments;

3) paragraph 3 of Article 24 and paragraph 5 of Article 25 of the Law of the Republic of Kazakhstan «On Legal Acts», according to which the text of a normative legal act is set out in compliance with the norms of literary language, legal terminology and legal technique, its provisions should be extremely brief, contain a clear and non-interpretable meaning. When referring to legislative acts, it is not necessary to specify the numbers under which they are registered, as well as the dates of their adoption.

The project is posted on the Internet portal of open regulatory legal acts http://legalacts.egov .kz on June 4, 2024.

The deadline for public discussion of the Project is until June 19, 2024.