Where the 3.3 trillion tenge earmarked for Kazakhstan's security bloc in the budget will go

Kazakhstan has allocated 3.3 trillion tenge from its 2027 budget for the security bloc. Finance Minister Madi Takiyev and Deputy Prime Minister and Minister of National Economy Serik Zhumangarin explained how the funds will be spent and why such spending does not undermine financing for the real sector.

According to Takiyev, the funds allocated to the security bloc will not go only to the needs of the Ministry of Defence. They are also provided for the Ministry of Internal Affairs, the Ministry of Emergency Situations, the National Security Committee and other agencies. In addition, a significant part of the money is directed to the implementation of the state defence order.

Zhumangarin disagreed with the view that too much money goes to the security bloc at the expense of other sectors of the economy. He noted that while this year 1.7 trillion tenge of the 5.2 trillion tenge in subventions went to regional development budgets, funding will rise sharply in 2027. Subventions will grow to 6.3 trillion tenge, and the total local development budget, including support from the centre, will reach 4.1 trillion tenge. By 2029, subventions will total 6.8 trillion tenge. Zhumangarin said that in 2027-2029 a total of 5.2 trillion tenge will be directed to regional development.

The finance minister presented the draft law on the republican budget for 2027-2029 to Kurultai deputies. In 2027, republican budget revenues are forecast at 25.4 trillion tenge and expenditures at 30.2 trillion tenge. The deficit is planned at 4.6 trillion tenge, or 2.3% of GDP. Spending on social assistance and welfare will total 6.9 trillion tenge, and 2.5 trillion tenge is allocated to healthcare. Science projects will receive 60.4 billion tenge in 2027, 18.4 billion tenge more than in 2026.