Abstract
The article considers the issues of formation and assessment of financial self-sufficiency of the Western region of Kazakhstan. Financial self-sufficiency is crucial for effective territory management, as it directly influences the sustainable development of regions. This development is contingent upon the financial security of local enterprises that produce goods and services while relying on the resident population as a source of labour resources. Our proposed methodological approach to assessing financial self-sufficiency is founded on the premise that a region’s financial security depends on the utilisation of all available resources for the production process. We present an original calculation of the index for the efficiency of industrial production development within a specific territory. The justification of financial self-sufficiency is carried out in several stages: first, we compile a Map of the Efficiency of Industrial Production Development in Western Kazakhstan; second, we structure the distribution of financial resources in the region; and third, we calculate an integral index to evaluate the financial position of the regions using our unique methodology. The advancement of methodological issues surrounding financial self-sufficiency and regional autonomy, particularly in the context of ongoing economic reforms, is designed to address the challenges of territorial development, which is predominantly socially oriented and necessitates a balance of interests and sustainability.