BAKU, Azerbaijan, October 14. Kazakhstan's
government reduced planned spending for 2027 by 6.7 trillion tenge
($14.9 billion) during the budget preparation process, Prime
Minister Olzhas Bektenov said.
This was reflected in the statement published by the government
of Kazakhstan.
Speaking at a meeting of the Kurultai in response to questions
from lawmakers, Bektenov said the government was continuously
working to optimize public spending.
He noted that, on the president's instructions, a moratorium on
the construction of administrative buildings for government
agencies remained in place, as such projects represent a
capital-intensive expenditure item.
In addition, the government cut spending and redirected funds
toward higher-priority needs by 360 billion tenge ($805.1 million)
through budget adjustments in 2026.
“As for the expenditure side, work to optimize government
spending is ongoing. When preparing the budget for the upcoming
period, we received requests totaling 36.9 trillion tenge ($82.5
billion), while spending of 30.2 trillion tenge ($67.5 billion) was
approved for 2027. In other words, we reduced the expenditure side
by 6.7 trillion tenge ($14.9 billion) during the budget review,”
Bektenov said.
Earlier, Minister of Finance Madi Takiyev said at a government
meeting that Kazakhstan's state budget revenues, excluding
transfers, increased by 16.3% year-on-year to 20.2 trillion tenge
($44.76 billion) in January-September 2026.
During the reporting period, the government continued to meet
its social obligations and provide support to regions and the real
sector of the economy, while implementing infrastructure projects
and introducing digital tools to monitor public spending.
