President Tokayev receives Minister of Finance

President Tokayev receives Minister of Finance

Kazakh Minister of Finance Madi Takiyev reported to President Kassym-Jomart Tokayev on the execution of the national budget. According to the minister, this year’s budget was formed with revenues of 21.6 trillion tenge, including 15 trillion tenge in tax revenues, an increase of more than 23% compared to last year. In the first nine months, budget execution reached 101%, while maintaining its social focus. The President was also briefed on the digitalization of public finance management, with a particular emphasis on the development of Big Data and the implementation of AI in the tax and customs sectors. Tokayev stressed the importance of continuing systematic efforts in these areas.