The results of the execution of state finances for January–March 2026 were reviewed at the Government session chaired by the Prime Minister. Minister of Finance Madi Takiyev delivered the main report. According to his data, state budget revenues excluding transfers amounted to 6.4 trillion tenge, which is 931 billion tenge more than in the same period last year.

In particular, he noted that the republican budget was executed at 102%, providing revenues of 4.2 trillion tenge. External factors had a significant impact on the revenue side: with an average oil price of $80.6 per barrel, an additional 40.5 billion tenge was received from export customs duties. At the same time, the stronger tenge exchange rate (497.7 tenge per dollar against a forecast of 540) limited revenues to the republican budget by 146 billion tenge.

Thus, external price conditions, including the exchange rate difference, acted as the main constraint on republican budget revenues. Through improved tax and customs administration, an additional 137.6 billion tenge was secured.

The Ministry continues its consistent transition from a predominantly control-oriented model to a service-oriented model of business support. Since the beginning of the year, large-scale work has been carried out jointly with the professional community to resolve issues faced by taxpayers. As part of the “People’s Accountant” campaign, over 47,000 taxpayers were covered. In parallel, the “Clean Slate” initiative is being implemented, under which businesses have already repaid principal debt amounting to 11 billion tenge. At the same time, penalties and fines totaling 7.7 billion tenge were written off for 17,000 small and micro-business entities.

The tax reform has also led to the legalization of approximately 348,000 citizens who were not previously registered. The number of business entities, including self-employed individuals, reached 2.7 million, an increase of more than 200,000 since the beginning of the year. This is an important indicator of the qualitative expansion of the economic base.

State budget expenditures were executed at 94.3%, the republican budget at 95%, and local budgets at 96%.

“Social obligations of the state were fully and priority-funded in the amount of 1.8 trillion tenge, and transfers to the regions amounted to 1.3 trillion tenge. The key focus is shifting from simply spending funds to financing confirmed results,” Madi Takiyev emphasized.

It was noted that alongside the execution of current budget parameters, the implementation of systemic solutions aimed at improving the long-term efficiency of public finances continues. In particular, the modernization of nine checkpoints has had a direct impact on the growth of customs payments. Compared to the same period last year, their volume reached 922 billion tenge, an increase of 65 billion tenge. The throughput capacity also increased by 18% compared to last year, reaching approximately 400,000 vehicles. The number of individuals crossing the modernized checkpoints “Kaplanbek” and “B. Konyspayeva” grew by 53% and reached 2.4 million.

In the area of digitalization of budget expenditure control in the social sphere, the unified financing portal Qalqan has been launched in healthcare, integrated with the treasury system. To date, more than 1,600 medical organizations have been connected to the system. This provides a new level of expenditure execution in the compulsory social health insurance system. The expected economic effect from the implementation of the reform in this area (“OSMS 2.0”) is estimated at 255.2 billion tenge.

In the education sector, 3,895 schools have been digitized, and financing has been provided for:

• 4,400 kindergartens,
• 1,337 organizations of additional education,
• 96 higher education institutions,
• more than 230,000 students through scholarships.

A unified Data Hub for the education sector is being created, which will enable a transition to funding and decision-making based on reliable data and assessment of the effectiveness of budget spending.

#Budget #Economy #Government session #Ministry of Finance

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