In Kazakhstan, work continues on the introduction of a special digital service "Baqylauda", which will show the full picture of state support online, the Ministry of Finance reports. The agency has combined all state support measures, and there are more than a hundred of them today, in order to quickly monitor: what exactly are state funds used for and is there any sense in this? The tool will increase the efficiency of government spending, the agency is confident.

The Baqylauda service is hosted by the Ministry of Finance of the Republic of Kazakhstan on a digital platform "Qoldau.kz " (https://baqylauda.qoldau.kz). Today, data on government support measures over the past 10 years is uploaded to the system. When this work is completed, the analysis will show which of the state support tools were effective, and which were a dubious waste of government tenge. In the system, it will be possible to check and evaluate the effectiveness of benefits, subsidies, or other tools, "scaling" them to the level of individual areas, individual industries, operators, and even a specific recipient company.

Despite the fact that the data for the last two years has not yet been uploaded, interesting analytical data is already available in the service. So, for 9 years (from 2015 to 2023), the volume of state support amounted to 9.94 trillion tenge. At the same time, state support measures for the "Employment Roadmap" in the "covid" period became the most ambitious budget costs – the costs amounted to about 973 billion tenge. In second place in terms of cost is the cost of preferential leasing of agricultural machinery and equipment – 920 billion tenge, in third place again is the sphere of agriculture – more than 675 billion tenge was spent on the development of livestock breeding. This was followed by the agricultural sector again – the financing of the Ken Dala program, for which 650 billion tenge was spent.

"It is obvious that many companies, especially in the agricultural sector, receive and use state support measures from different government programs or receive support through different operators, through different ministries. Until today, there was no single database. Therefore, it was difficult to assess the effectiveness of these expenses. Now the state will clearly see whether it makes sense to support a company that receives tens of millions of tenge from year to year, but at the same time its indicators for taxes, productivity, technology, employment and other indicators are not growing," explained A.N. Turysov, Vice Minister of Finance.

According to the speaker, the Baqylauda electronic service is a first–level system. She checks the entrepreneur and evaluates his compliance with the established criteria. Currently, there are four key stop factors in it: the absence of persons related to the financing of terrorism on the lists, the absence of signs of false entrepreneurship, bankruptcy facts, as well as unfulfilled obligations under previously received state support measures. If such factors are present, the system will display this information to the service provider, i.e. the government agency or operator. For example, for the Ministry of Agriculture or a Food Corporation. And the service provider will independently decide whether to approve or refuse government support to the business.

"Yes, we understand that, for example, in agriculture, a lot depends on the weather, on the volatility in the market for products. However, the assessment will be conducted not for one year, but for several years. In addition, the system will evaluate and take into account the overall performance of economic sectors," Asset Turysov explained.

The Baqylauda monitoring service for the use of state support measures and their recipients was implemented pursuant to Decree of the President of the Republic of Kazakhstan dated May 8, 2024 No. 542 "On Economic Liberalization Measures" to ensure transparent and equal access to state support measures for entrepreneurship and automate the selection procedure for recipients of state support measures in accordance with basic criteria.

The service was developed by a domestic team of programmers – specialists of JSC "Information and Accounting Center" of the Ministry of Finance of the Republic of Kazakhstan.

Source : https://www.gov.kz/memleket/entities/minfin/press/news/details/1066597?lang=kk