The 2025–2027 republican budget of Kazakhstan includes significant amounts of transfers, which play an important role in financing state programs and supporting regions.
This article examines the changes in the volume of transfers and the factors influencing their allocation.
Dynamics of Transfer Revenues: Key Figures
According to the draft republican budget, transfer revenues are projected to reach 5,758,184,886 thousand tenge in 2025. In 2026, this figure is expected to decrease to 2,506,935,111 thousand tenge, and in 2027, it is projected to slightly decrease further to 2,504,192,231 thousand tenge.
These changes can be explained by planned adjustments within the framework of the state’s economic strategy, as well as the need to account for macroeconomic conditions such as inflationary processes and exchange rate fluctuations.
Sources and Allocation of Transfers
The main sources of transfers to the republican budget are:
- Guaranteed Transfers from the National Fund of the Republic of Kazakhstan: The annual volume is fixed at 2,000,000,000 thousand tenge for the period from 2025 to 2027. These transfers are intended for financing key social projects and infrastructure initiatives, highlighting consistent support for socially significant areas.
- Targeted Transfers from the National Fund: In 2025, the attraction of targeted transfers amounting to 3,250,000,000 thousand tenge is planned. These funds are directed towards the implementation of strategically important national projects, including infrastructure development.
Conclusion
The projected transfer revenues for 2025–2027 reflect Kazakhstan’s balanced approach to the allocation of financial resources. These funds play a crucial role in the implementation of key state programs and projects, ensuring sustained support for the country’s social and economic development.
Prepared by: Alen Serik
expert at Economy.kz portal
