Kurultai to consider draft republican budget for 2027-2029

Kazakhstan's Kurultai is set to consider the draft republican budget for 2027–2029 today. According to 24KZ, the budget covers the next three years, while deputies will also review amendments to the law on state awards.

Forecasts put average annual economic growth at 5.4%, with inflation expected to fall to 6% by 2029. The plan is to reduce the budget deficit to 1 trillion tenge. Main spending priorities include education, regional development and support for the economy.

In a second reading, deputies will consider amendments to the law on state awards. They provide for establishing the Shamshi Kaldayakov medal and the honorary title “Honored Artist of Kazakhstan”.