23 февраля 2015 18:39

Cost of presidential election in Kazakhstan - 5 billion tenge

The Central Election Commission of the Republic of Kazakhstan ©Turar Kazangapov

More than 5 billion tenge ($27 million) can be used to hold presidential election in Kazakhstan, Tengrinews reports citing the Minister of National Economy of Kazakhstan Yerbolat Dossayev, who spoke at a briefing at the Central Communications Service's headquarters on February 19.

"I think every citizen of Kazakhstan is familiar with the initiative of the People’s Assembly. We support the initiative and the election given the current conditions. There is not much money. But you can’t say this will be a huge expense. In 2016 we envisaged to use a little more than 5 billion tenge to hold presidential election," Dosayev said.

On February 14, the People’s Assembly of Kazakhstan brought forth an initiative to hold the presidential election in Kazakhstan ahead of time. According to schedule the election is to be held in 2016, but the Assembly is proposing to hold the early election this year citing the difficult economic situation in the country and the pressure exerted by the global financial crisis.

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