The features of the government budget management in Kazakhstan

2022

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DOI 10.32523/2789-4320-2022-4-193-201
Data confidence 70 medium
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Abstract

The article addresses Kazakhstan's state budget development and administration throughout the worldwide pandemic and geopolitical upheavals. Using the state budget as an example, this paper examines the evolution of the budget system and ideas to enhance its efficiency and openness. The increasing focus of public finances on solving particular objectives to attain socioeconomic development goals has made boosting the openness and transparency of the budget system an exceedingly critical responsibility. This problem is important since the budget is currently actively burning the national fund's reserves, which may lead to risks in the future. As a result, budget management must be reviewed and adapted to new circumstances. The study's goal is to examine the effective administration of the state budget and its expenditure in light of changing circumstances. The study is descriptive in nature and is based on the findings of previously published publications.