Tokayev sets 2027-2029 budget priorities: growth, balance, infrastructure

August 17, 2026 at 04:41 PM1 min

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Kassym-Jomart Tokayev chairs a meeting in Akorda on national economy and budget planning and sets priorities for the 2027-2029 budget. He instructs officials to meet this year's economic growth targets and balance the national and local budgets, while accelerating construction of hospitals, child rehabilitation centers, cultural and sports facilities.

Key Facts

Tokayev instructed officials to achieve economic growth targets for the current year and ensure balance of the republican and local budgets.
He named hospitals, child rehabilitation centers, cultural facilities, and sports facilities as priority infrastructure and social projects for 2027-2029.
The meeting presented the current economic situation, the 2027-2029 socio-economic development forecast, and parameters of the 2027-2029 republican budget.
Participants included Prime Minister Olzhas Bektenov, Presidential Administration head Roman Sklyar, National Bank Chairman Timur Suleimenov, Supreme Audit Chamber head Alikhan Smailov, Deputy Prime Minister and National Economy Minister Serik Zhumangarin, presidential economic aide Nurlan Baibazarov, and Finance Minister Madi Takiyev.

Budget and Growth Priorities

Tokayev called for achieving current-year economic growth targets and ensuring balance of the republican and local budgets. He chaired a meeting in Akorda on national economy and budget planning. Officials presented the current economic situation, the 2027-2029 socio-economic development forecast, and parameters of the 2027-2029 republican budget. Prime Minister Olzhas Bektenov, Presidential Administration head Roman Sklyar, and National Bank Chairman Timur Suleimenov took part.

Infrastructure and Social Projects

Tokayev identified accelerated construction of infrastructure and social facilities as a key priority of the 2027-2029 budget. The priority list includes hospitals, child rehabilitation centers, cultural facilities, and sports facilities. He said these projects should be advanced in the 2027-2029 budget planning.