Article 19. Reserve for initiatives of the President of the Republic of Kazakhstan Budget Code of the Republic of Kazakhstan

Home / RLA / Article 19. Reserve for initiatives of the President of the Republic of Kazakhstan Budget Code of the Republic of Kazakhstan

1. The reserve for the initiatives of the President of the Republic of Kazakhstan shall be formed as part of the republican budget for the first year of the planning period in the amount of at least one and a half and no more than three percent of the planned volume of republican budget revenues for the next fiscal year, excluding transfers.

2. The reserve for the initiatives of the President of the Republic of Kazakhstan shall be provided for under a separate distributed budget program administered by the central authorized body for budget planning, and shall be distributed during the current fiscal year.

3. The reserve for the initiatives of the President of the Republic of Kazakhstan shall be used to finance unforeseen and urgent financing in the current fiscal year costs associated with the implementation of the annual messages of the President of the Republic of Kazakhstan to the people of Kazakhstan and other initiatives of the President of the Republic of Kazakhstan.

4. Allocation of budgetary funds from the reserve for the initiatives of the President of the Republic of Kazakhstan during the fiscal year shall be carried out on behalf of the President of the Republic of Kazakhstan by a resolution of the Government of the Republic of Kazakhstan, which recognized as invalid at the end of the fiscal year.

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

President

Republic of Kazakhstan

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