Kazakhstan plans $50 billion in budget spending next
President Kassym-Jomart Tokayev signed a budget plan for 2024-2026 on December 9, with the majority of the funds to be directed to the social
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President Kassym-Jomart Tokayev signed a budget plan for 2024-2026 on December 9, with the majority of the funds to be directed to the social
Kazakhstan''s President Kassym-Jomart Tokayev approved the country''s budget for 2025-2027 on December 4. The budget includes
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Kazakhstan''s energy sector has long been dependent on fossil fuels, and the country now faces the challenge of phasing out inefficient subsidies and
Kazakhstan''s SCP policies and climate strategies demonstrate a commitment to sustainable development, but further efforts are needed to overcome financial
Kazakhstan mainly exports primary and intermediate inputs and makes limited use of imported inputs for its exports. Kazakhstan is categorized as an “intermediate” knowledge economy with a large gap in
Kazakhstan''s industrial sector rests on the extraction and processing of these natural resources. The dissolution of the Soviet Union and the collapse of demand
Two of the six parliamentary factions did not support the draft budget of the Republic of Kazakhstan for 2025-2027, Orda reports. The drafters of the Republican budget for 2025-2027
NOTE: This time series graph shows the Budget Expenditures of Kazakhstan based on our stored data from 2004 to 2024, taken from the CIA World fact books of the respective years.
Looking ahead, Kazakhstan plans to allocate about 12.9% of state budget spending in 2026 to servicing its debt. A visual by Nurasyl Abdrazakuly /
Latest news and information from the World Bank Group and its development work in Kazakhstan. Access Kazakhstan''s economy facts, statistics, project information, and research.
Kazakhstan''s draft national budget for 2026–2028 reveals a major shift in government spending priorities. Instead of expanding infrastructure and launching new megaprojects, the state
Kazakhstan''s cabinet has presented the fiscal framework for 2026-2028. It is still subject to approval by parliament and will have to be signed by
In January-July 2024, budget revenues were 12 per cent below target indicating a need to improve tax mobilisation and administration. National Fund assets have been overused of late, and the 2025 draft
Switching infrastructure forms the backbone of data center networks in Kazakhstan, enabling efficient data transmission between servers, storage devices, and network endpoints. High-performance
NUR-SULTAN – The kick-off meeting “Transition to Green Economy through Sustainable Consumption and Production” was held today by the Ministry
Kazakhstan''s parliament amends the Constitution, approves the budget, programmes and government reports, adopts laws, decides whether the country is at war or peace, initiates referendums and
Servercore, an international IT infrastructure provider, announces its launch in Kazakhstan. Servercore''s clients have access to dedicated servers and a proprietary cloud platform,
Kazakhstan is one of the largest emitters of greenhouse gases per capita, and its domestic carbon price is among the lowest in the world. At the same time, it faces increasingly pressing climate-related
This work delves into Kazakhstan''s energy sector, emphasizing the critical role of green transitioning from fossil fuels to low-carbon energy sources. Kazakhstan has made notable strides in its
The World Bank approved a $846 million IBRD guarantee to mobilize $1.41 billion in long-term commercial financing for a major rail connectivity project
AirNet Technology Inc., a firm formerly focused on the in-flight technology sector, has announced plans for a 130MW Bitcoin mining data center in Kazakhstan. AirNet''s recently
While the 2026 state budget envisages fiscal consolidation, the rising quasi-fiscal activities of SOEs can blur the overall fiscal picture, complicating countercyclical policy formulation and enforcement of
Kazakhstan''s systematic digital transformation, from public services to AI and blockchain, demonstrates its ambition to become a regional leader and a
ASTANA—Kazakhstan''s President Kassym-Jomart Tokayev has approved the country''s budget for 2025-2027 on Dec. 4. The law entails budget
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