At the plenary session of the Senate of the Parliament of the Republic of Kazakhstan, the draft law "On the Republican Budget for 2026–2028" was presented. In shaping the country’s main financial document, strategic guidelines, state objectives, and priorities for socio-economic development were taken into account.

The budget draft underwent extensive discussion in Senate committees and working groups. As a result of joint efforts, additional funds were reallocated to priority expenditures. Specifically, 28.5 billion tenge were directed toward regional development, including infrastructure projects, and 57.7 billion tenge toward strengthening transport logistics. These measures aim to improve the population’s quality of life and enhance the country’s transit potential.

Special attention was given to the fact that this budget is being formed for the first time under the new Budget Code. Systemic changes have been introduced, including strategic and medium-term planning, mandatory budget reviews to assess spending efficiency, and a shift toward investment discipline. Every project is now subject to evaluation for socio-economic impact and risk analysis.

The expenditure part of the budget remains socially oriented. In 2026, 10.8 trillion tenge are allocated to the social sector, of which 6.8 trillion tenge are earmarked for social payments and 4 trillion tenge for human capital development. Reforms include the digitalization of benefit payments, optimization of healthcare funding with an expanded compulsory health insurance package, and increased financial autonomy for cultural institutions.

For the development of the real sector, 3.6 trillion tenge are allocated, including funding for infrastructure, core industries, agriculture, manufacturing, and business support measures. A separate priority is strengthening national security: expenditures for the security sector in 2026 will amount to 3.1 trillion tenge, or 1% of GDP.

According to Deputy Minister of Finance of Kazakhstan Abzal Beisenbekuly, who presented the draft law in the Senate, cooperation with Parliament enabled savings of 68 billion tenge in budget funds. Administrative expenses were reduced from 15% to 12%. He noted that this budget will allow the fulfillment of all social obligations, strengthen the economy, and ensure its growth.

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Source : https://www.gov.kz/memleket/entities/minfin/press/news/details/1109056?lang=kk