News by tag - Finance

Areas Under Oilseed and Fodder Crops Expanded in Kazakhstan Ahead of the Upcoming Sowing Campaign

At the Government session, Minister of Agriculture Aidarbek Saparov reported on preparations for the spring fieldwork campaign and presented the projected structure of sown areas for 2026.

Investments in the Country’s Industrial Framework to Reach $400 Billion by 2029

Deputy Prime Minister – Minister of National Economy Serik Zhumangarin presented a strategy for qualitative economic diversification and the formation of a new growth model at the Government session. In line with the tasks set by the Head of State, the key priority is the creation of a modern industrial framework through the development of manufacturing and high-tech industries.

Automatic Pre-Filling of VAT Declarations and “Digital VAT”: Olzhas Bektenov Held a Meeting on Tax Administration

Prime Minister Olzhas Bektenov held a meeting on the development of fiscal policy and the digitalization of the information systems of the Ministry of Finance as part of the implementation of the instructions of the Head of State Kassym-Jomart Tokayev. Heads of relevant agencies and regional departments of state revenues took part in the meeting.

Government Approves the Comprehensive Livestock Development Plan for 2026–2030

Prime Minister Olzhas Bektenov held a meeting to review the draft Comprehensive Livestock Development Plan for 2026–2030, developed on the instruction of the Head of State.

Government Uncovers Violations in Healthcare Financing: Olzhas Bektenov Orders Transfer of SHIF to the Ministry of Finance

As part of the implementation of the instructions of the Head of State to strengthen budget discipline, the Government is carrying out systematic work.

Olzhas Bektenov Held a Meeting of the Coordination Council on Cooperation with International Financial Organizations

A meeting of the Coordination Council on cooperation between the Government of the Republic of Kazakhstan and international financial organizations was held at the Government House under the chairmanship of Prime Minister Olzhas Bektenov.

Support for micro and small businesses: the Government launches the new “Isker aimaq” program and expands guarantee instruments

At the Government session chaired by Prime Minister of the Republic of Kazakhstan Olzhas Bektenov, comprehensive measures to support private entrepreneurship were reviewed. Deputy Prime Minister – Minister of National Economy Serik Zhumangarin reported on the new architecture of financial assistance for businesses and the implementation of the instructions of the Head of State.

Implementation of the President’s поручений to support SMEs: the Government approved the unified “Isker aimaq” program

At the Government session chaired by Prime Minister Olzhas Bektenov, the unified small business support program “Isker aimaq” was reviewed and approved. Reports were delivered by Deputy Prime Minister – Minister of National Economy Serik Zhumangarin, Minister of Finance Madi Takiyev, as well as representatives of the Atameken National Chamber of Entrepreneurs and the Union of Accountants.

Implementation of the Keden Platform and Modernization of Border Checkpoints: Customs Clearance Time Reduced Threefold

At the Government session chaired by Prime Minister Olzhas Bektenov, measures to enhance the country’s transport and transit potential were reviewed. Minister of Finance Madi Takiyev reported on ongoing work to digitalize customs administration, introduce artificial intelligence and modernize border checkpoints.

By Instruction of the President, Cooperation Between the Government and International Financial Institutions Has Reached a New Level

A meeting of the Coordinating Council on Cooperation between the Government of the Republic of Kazakhstan and International Financial Organizations (IFIs) was held at the Government House. The meeting was attended by representatives of the World Bank (WB), the International Finance Corporation (IFC), the Asian Development Bank (ADB), the European Bank for Reconstruction and Development (EBRD), the Eurasian Development Bank (EDB), and the Islamic Development Bank (IsDB).

Joint Action Program Developed on the Instructions of the President Has Been Adopted by Government, the National Bank, and the ARDFM

At the Government session chaired by Prime Minister Olzhas Bektenov, the Joint Action Program for Stabilizing and Improving the Well-Being of the Population for 2026–2028 was approved.

Olzhas Bektenov instructs to implement AI to fulfill the President’s directive on reducing the shadow economy’s share in GDP

At a Government session chaired by Prime Minister Olzhas Bektenov, measures to reduce the shadow economy were discussed. Minister of Finance Madi Takiyev and Chairman of the Financial Monitoring Agency Kairat Bizhanov reported on the ongoing work in this area.

The National Goods Catalog Will Be Launched in Kazakhstan Next Year

At a Government session, Deputy Minister of Finance Yerzhan Birzhanov reported on the integration of the Electronic Goods Catalog and the National Goods Catalog of JSC “Kazakhtelecom” to form the state database “National Goods Catalog” (NGC SDB).

Public Procurement Volumes Grow in Kazakhstan Due to New Government Support Measures

At a Government session chaired by Prime Minister Olzhas Bektenov, Vice Minister of Finance Dauren Kenbeyil reported on new measures aimed at supporting domestic production within the public procurement system. According to him, the Law "On Public Procurement" came into force on January 1, 2025, introducing a set of mechanisms to promote the development of domestic producers of goods, works, and services (GWS).

Olzhas Bektenov identifies Baiterek Holding's priority task of financing of real economy sector

A meeting of the Board of Directors of Baiterek National Managing Holding was held under the chairmanship of Prime Minister Olzhas Bektenov. The focus of the session was on implementing the Head of State’s instructions regarding support for the real sector of the economy.

Olzhas Bektenov discusses with second-tier banks' heads to increase participation in real economy financing