Astana’s revenues exceed one trillion tenge in 2024

Astana’s revenues exceed one trillion tenge in 2024

Astana’s budget revenues have surpassed one trillion tenge for the first time, thanks to increased tax revenues across all major categories. According to the city’s mayor, Zhenis Kassymbek, the gross regional product in the first half of the year grew by seven percent, amounting to approximately 5.5 trillion tenge. Growth has been observed in the manufacturing sector, driven by active development in industry and construction. Small and medium-sized businesses are the main contributors, accounting for over 72 percent of Astana’s economy—the highest share in the country. The number of SMEs in the capital has exceeded 247,000. Additionally, there has been a significant increase in the volume of attracted investments.

«The volume of investments has exceeded 1.6 trillion tenge, reflecting a 20.4 percent increase. Over 70 percent of this comes from private sources. Construction activity in the capital has surpassed 870 billion tenge. Over the past 11 months, 3.6 million square meters of housing have been commissioned, representing a 6.4 percent increase compared to last year. By the end of the year, this figure is expected to exceed four million square meters,» Kassymbek said.