Bektenov outlines how Kazakhstan plans to cut its budget deficit

Kazakhstan Prime Minister Olzhas Bektenov told the Kurultai that the government is holding its course toward strengthening public finances and reducing budget dependence on borrowing and transfers. He was answering deputy Natalya Godunova's question on the 2027 republican budget deficit.

The deficit is projected at 4.6 trillion tenge, or 2.3% of GDP, in 2027, and is planned to fall to 1 trillion tenge, or 0.4% of GDP, by 2029. Measures include expanding the tax base, implementing tax reform, improving tax and customs administration, and reviewing budget programmes. A moratorium on building administrative offices for state bodies continues.

In 2026, budget adjustments cut spending and redirected 360 billion tenge to higher-priority goals. For 2027, requests totalled 36.9 trillion tenge, while approved spending is 30.2 trillion tenge, a reduction of 6.7 trillion tenge during budget review.