ASTANA, Kazakhstan, October 8. Kazakhstan’s republican budget for the first nine months of 2025 has hit the ground running at 101.6 percent, all the while keeping its eyes on the prize of social focus, Trend reports via the presidential press service.
The latest briefing was disseminated to President Kassym-Jomart Tokayev by Finance Minister Madi Takiyev.
Takiyev noted that the 2025 republican budget was set with revenues of 21.6 trillion tenge ($39.9 billion), including 15.2 trillion tenge ($28.1 billion) from tax collections—a 23.4 percent increase compared to the previous year. The minister also highlighted measures to improve the efficiency of tax and customs administration and revenues to the Special State Fund.
Special attention was paid to the implementation of the Law on Public Procurement, aimed at reducing procedural timelines, enhancing transparency, and supporting domestic manufacturers. Treasury information systems now fully automate processes for analysis and control.
As part of the digitalization of public finances, the government is focusing on building and populating Big Data systems, along with putting artificial intelligence to good use in the realm of tax and customs management.
Takiyev also disseminated the findings of the governmental audit assessment. Over the first eight months of 2025, 791 inspections were conducted, uncovering financial violations totaling 337.5 billion tenge ($624.5 million).
President Tokayev underscored the criticality of perpetuating a methodical approach to guarantee the viability of public fiscal frameworks, meet comprehensive social commitments, and advance the trajectory of digital transformation alongside contemporary oversight mechanisms.
In a comparative analysis, Kazakhstan encountered its most profound fiscal shortfall, quantified as a proportion of GDP, in the year 2021, with a deficit magnitude peaking at 3.7 percent of GDP. This transpired subsequent to a phase of economic contraction commencing in 2014, which precipitated a deceleration in economic expansion and a transition in the fiscal equilibrium of the government from a surplus to a deficit.
