Article 18. General provisions on reserves Budget Code of the Republic of Kazakhstan

Home / RLA / Article 18. General provisions on reserves Budget Code of the Republic of Kazakhstan

1. Reserves shall be formed as part of the republican, regional budget, the budget of the city of republican significance, the capital, the district (city of regional significance) budget to finance costs that shall not be planned during the development of the republican and local budgets due to their contingency and require urgent financing in the current fiscal year.

2. The allocation of budgetary funds from the reserves of the Government of the Republic of Kazakhstan and local executive bodies shall be carried out by resolutions of the Government of the Republic of Kazakhstan and local executive bodies, as well as legal acts of the authorized body in the field of civil protection, which shall expire at the end of the fiscal year.

3. The procedure for distributing the reserve for the initiatives of the President of the Republic of Kazakhstan shall be established by the Government of the Republic of Kazakhstan.

4. The procedure for the distribution and use of reserves of the Government of the Republic of Kazakhstan and local executive bodies shall be established by the Government of the Republic of Kazakhstan.

5. It shall not be allowed to use the funds of the reserve of the Government of the Republic of Kazakhstan in the next fiscal year.

Code of the Republic of Kazakhstan dated March 15, 2025 № 171-VIII.

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Republic of Kazakhstan

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