Today, Kazakh President
Kassym-Jomart Tokayev received the country’s Finance Minister Madi Takiyev, who
reported that the state budget revenues for the first quarter of 2024 reached
4.5 trillion tenge. Besides, he noted that it was proposed to reduce budget
expenditures by more than 300 billion tenge. These funds will be redirected to
activities with maximum economic returns. The Head of State was briefed on the
modernization of customs infrastructure on the customs border of the Eurasian
Economic Union (EAEU). The project implementation will increase the capacity of
checkpoints up to six times and reduce processing time by half, while also
enabling round-the-clock examination of goods and vehicles in online mode. The
reconstruction is scheduled to be completed by year-end. President Tokayev instructed
the Minister of Finance to take measures to ensure budget balance and improve
tax and customs administration through digitalization.
