ALMEX transfers 363 billion tenge to Kazakhstan budget as voluntary aid
ALMEX, linked to Timur and Dinara Kulibayev, transferred 363.1 billion tenge to Kazakhstan's budget in 2025. The company stated the funds were a voluntary contribution, unrelated to asset recovery processes. The transfers occurred in three installments throughout the year.
Voluntary Contributions
ALMEX, a holding associated with Timur and Dinara Kulibayev, made a significant financial contribution to Kazakhstan's national budget in 2025. The total amount of 363.1 billion tenge was transferred in three separate tranches. According to Forbes Kazakhstan, the first tranche of 139.1 billion tenge was transferred in February, followed by 53.4 billion tenge in August, and the final tranche of 170.6 billion tenge in November.
Non-Tax Revenue
The funds transferred by ALMEX were classified as non-tax revenue, distinguishing them from regular tax payments. This classification highlights the voluntary nature of the contribution, as confirmed by company statements. The move comes amid ongoing discussions about asset recovery in Kazakhstan, although ALMEX clarified that the transfers were not linked to these processes.
What's Next
The Kazakh government is expected to review the implications of this significant contribution. It remains unclear how this will influence future corporate contributions or asset recovery strategies.
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ALMEX transfers 363 billion tenge to Kazakhstan budget as voluntary aid
