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Tokayev Orders Balanced Budgets, Names 2027-2029 Infrastructure Priorities

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Tokayev Orders Balanced Budgets, Names 2027-2029 Infrastructure Priorities

President Kassym-Jomart Tokayev chaired a meeting on economic development and budget planning at the Akorda presidential residence. He instructed the government to ensure this year’s economic growth targets are met and republican and local budgets are balanced.

Key Facts

  • Prime Minister Olzhas Bektenov, presidential administration head Roman Sklyar, National Bank chairman Timur Suleimenov, and Supreme Audit Chamber chairman Alikhan Smailov attended the meeting.
  • Participants discussed Kazakhstan’s socioeconomic development forecast for 2027–2029 and the main parameters of the republican budget for that period.
  • Tokayev named hospitals, children’s rehabilitation centres, culture and sports facilities among infrastructure and social projects for advance construction under the 2027–2029 budget.

Meeting and Economic Forecast

President Kassym-Jomart Tokayev chaired the meeting at the Akorda presidential residence. The discussion covered the current economic situation and Kazakhstan’s socioeconomic development forecast for 2027–2029. Participants also reviewed the main parameters of the republican budget for 2027–2029. Prime Minister Olzhas Bektenov, presidential administration head Roman Sklyar, and National Bank chairman Timur Suleimenov attended.

Budget Instructions and Priorities

Tokayev instructed the government to ensure this year’s economic growth targets are met and republican and local budgets are balanced. He named advance construction of infrastructure and social facilities as a priority for the 2027–2029 budget. The priority list includes hospitals, children’s rehabilitation centres, and cultural and sports facilities.

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Tokayev Orders Balanced Budgets, Names 2027-2029 Infrastructure Priorities