Kazakhstan budget deficit hits 2.68 trillion tenge through August

September 14, 2026 at 01:16 PM2 min

This digest was compiled by AI from multiple sources — links to the originals are below.

Kazakhstan's republican budget deficit reached 2.683 trillion tenge in January-August 2026, 246.6 billion tenge below the planned 2.929 trillion tenge. The non-oil deficit stood at 6.32 trillion tenge against a plan of 6.43 trillion tenge. Revenues totaled 14.82 trillion tenge while expenditures reached 16.97 trillion tenge.

Key Facts

Kazakhstan's republican budget deficit reached 2.683 trillion tenge in January-August 2026, 246.6 billion tenge below the planned 2.929 trillion tenge.
The non-oil deficit stood at 6.32 trillion tenge against a plan of 6.43 trillion tenge.
Budget revenues totaled 14.82 trillion tenge, while expenditures reached 16.97 trillion tenge.
Debt servicing costs amounted to 2.62 trillion tenge, with 75.6% of the annual plan executed by September 1.
VAT revenues reached 5.50 trillion tenge against a plan of 5.99 trillion tenge, a shortfall of 489.3 billion tenge.

Budget Execution

The republican budget deficit for January-August 2026 was 2.683 trillion tenge, 246.6 billion tenge less than the planned 2.929 trillion tenge. The non-oil deficit reached 6.32 trillion tenge against a plan of 6.43 trillion tenge. The approved annual deficit for 2026 is 4.595 trillion tenge, with a non-oil deficit of 9.059 trillion tenge. By September 1, the actual deficit had reached about 58% of the approved annual figure.

Expenditure Breakdown

Expenditures for the eight months reached 16.97 trillion tenge, with execution at about 99% of the 17.15 trillion tenge plan. Social assistance and social security received 4.49 trillion tenge, or 99.95% of the planned amount. Debt servicing costs amounted to 2.62 trillion tenge, almost entirely interest payments on loans. Healthcare spending was 1.12 trillion tenge, education 540.1 billion tenge, and public order and security 924.4 billion tenge. Defense expenditures reached 906.9 billion tenge, and transport and communications 646.2 billion tenge.

Revenue Performance

Revenues for January-August totaled 14.82 trillion tenge, exceeding the plan of 14.79 trillion tenge by 0.2%. Tax revenues reached 11.64 trillion tenge against a plan of 11.61 trillion tenge, exceeding the target by 35.7 billion tenge. Corporate income tax revenues were 3.12 trillion tenge, or 98.5% of the 3.17 trillion tenge plan. VAT revenues were 5.50 trillion tenge against a plan of 5.99 trillion tenge, a shortfall of 489.3 billion tenge and execution of 91.8%. The shortfall in some taxes was offset by higher revenues in other areas.