9 Apr 2019 09:01

Govt reserves sufficient to hold early presidential election in Kazakhstan in 2019 - finance minister

NUR-SULTAN. April 9 (Interfax) - The Kazakh government has sufficient reserves to finance an early presidential election, Kazakh Deputy Prime Minister and Finance Minister Alikhan Smailov told Interfax.

"I think he [National Economy Minister Ruslan Dalenov] is right. The decision [to hold an early presidential election] should come first. And then we will address the issues in the order of their emergence. The government has sufficient reserves to deal with unforeseen expenditures," Smailov said.

He could not say exactly how much money might be assigned to fund the election.

"I cannot tell, after all, these are not regular expenses, such events happen once in five years. The situation is changing, and there are inflation processes, as well. I will not make any estimates; we will solve the task after it is set," Smailov said.

Dalenov said on Tuesday that the government was able to finance the election with reserves although this year's budget did not assign funds for an early presidential election.