The Senate proposed to increase budget expenditures for the uniform development of the regions

The Senate proposed to increase budget expenditures for the uniform development of the regions

22.11.2024 12:23:26 1166

The Minister of Finance of the Republic of Kazakhstan, Madi Takiyev, presented the draft law "On the Republican budget for 2025-2027" in the Senate of the Parliament of Kazakhstan. During the discussion of the bill, a number of amendments were made that support the development of infrastructure in the regions. In this regard, it was decided to return the law to the Mazhilis with amendments proposed by senators.
The document was developed on the basis of the Forecast of socio-economic development of the country until 2029. Revenues for 2025 will amount to 21.7 trillion tenge with an increase of 1.2 trillion tenge compared to the current year's plan. The deficit will decrease to 1.9% of GDP by 2027.
Budget expenditures, taking into account revenues and deficits, are planned for 2025 with an increase of 1.7 trillion tenge compared to the previous year and will amount to 25.8 trillion tenge.
"During the discussion of the bill in the Senate of the Parliament, a number of amendments were made. Additionally, expenses are provided for the provision of clean drinking water, the development of gas supply systems, heat and electricity, transport infrastructure, ICI, regional development, as well as the implementation of the Auyl - el Besigi project. The budget remains socially oriented. It is planned to allocate 9.8 trillion tenge to the social sphere in 2025, with an increase of 871 billion tenge by the current year. The share of total expenditures in 2025 will amount to 38%," Minister of Finance of the Republic of Kazakhstan Madi Takiev stressed.
Thus, expenses in the amount of 6 trillion tenge are provided for social security and social assistance to citizens, taking into account the indexation of social benefits and an increase in the number of recipients of payments.
In 2025, the cost of education will exceed 1 trillion tenge.
Healthcare expenditures for 2025-2027 will amount to 7.6 trillion tenge, of which in 2025 – 2.5 trillion tenge with an increase of 188 billion tenge compared to the current year. In general, the volume of expenditures on the GOBMP in 2025 is planned in the amount of 1.6 trillion tenge. The CSHI provides 675 billion tenge, of which 668 billion tenge is allocated to pay state contributions.
The expenses of the republican budget for the development of tourism and sports in 2025 are planned in the amount of 141 billion tenge, for culture and information – 165 billion tenge.
Next year 7.5 trillion tenge will be allocated to support the regions at the expense of the republican budget.
It is planned to allocate 568 billion tenge for the development of the transport industry in 2025.
139 billion tenge is provided for effective water resources management with an increase of 53 billion tenge or 61% compared to the current year.
The expenses of law enforcement agencies in 2025 will amount to 2.7 trillion tenge. Thus, measures to ensure the defense and security of the state, the protection of law and order and the maintenance of internal stability will be implemented in full.
"The Senate adopted a set of amendments providing for additional funds in many key areas. A large amount of funds is provided for the social sphere, the uniform development of regions and business promotion. So, next year 2.1 trillion tenge is allocated to support the real sector of the economy. Of these, in accordance with the instructions of the Head of State, the development of the agro-industrial complex has been strengthened. In 2025, 635 billion tenge is provided for this direction with an increase of 30% compared to the current year. I would like to emphasize that social spending remains a priority area of expenditure. Significant additional funds have been allocated for healthcare, education and support for citizens," concluded Madi Takiev, Minister of Finance of the Republic of Kazakhstan.

Source : https://www.gov.kz/memleket/entities/minfin/press/news/details/887948