Export duty on crude brought $1.67 billion for the state budget in H1 2011

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Export duty on crude brought $1.67 billion for the state budget in H1 2011

For the H1 2011 the state budget revenues paid in the form of export duty on crude made up $1.67 billion, Vice Finance Minister Ruslan Dalenov wrote in his Twitter account. Starting from January 1, exports duty on crude stands at $ 40 per ton. The previous rate stood at $ 20 per ton. According to Finance Ministry, in 2011 Kazakhstan expects to get KZT 421.4 billion ($ 2.8 billion) from introducing the exports duty.


For the H1 2011 the state budget revenues paid in the form of export duty on crude made up $1.67 billion, Vice Finance Minister Ruslan Dalenov wrote in his Twitter account. Starting from January 1, exports duty on crude stands at $ 40 per ton. The previous rate stood at $ 20 per ton. According to Finance Ministry, in 2011 Kazakhstan expects to get KZT 421.4 billion ($ 2.8 billion) from introducing the exports duty.
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