Kazakhstan’s Budget Falls Hundreds of Billions Short of Tax Plan
Photo: Orda.kz
Kazakhstan’s national budget collected 730 billion tenge less in taxes than planned in 2025, a shortfall of 4.8%, Orda.kz reports, citing the Supreme Audit Chamber.
One of the main reasons was that officials initially overestimated projected tax revenue by almost 1.3 trillion tenge.
Auditors also identified violations by the tax and customs authorities. For example, hybrid vehicles received import benefits intended exclusively for electric vehicles.
Another 34 foreign-trade participants improperly used a VAT offset mechanism, costing the budget more than 740 million tenge.
Overall, the audit uncovered financial violations totaling 2.7 billion tenge, along with 33 procedural violations and 11 systemic shortcomings. The chamber issued instructions to the responsible authorities to address the findings.
Original author: Elvira Ivannikova
Read also:
Latest news
- Why China Is Building More Factories in Kazakhstan
- Kazakhstan’s Budget Falls Hundreds of Billions Short of Tax Plan
- Rare Lynx Appears in Unexpected Part of Ile-Alatau National Park
- Police Link Istanbul Killing of Kazakhstani Citizen to International Crime Group
- Soyuz MS-29 Reaches ISS After Successful Baikonur Launch
- What It Costs Parties to Field Candidates in Kazakhstan’s Kurultai Election
- German Refinery Turns to South America After Losing Kazakh Oil
- Kazakhstan and Russia to Restrict Airspace for Baikonur Launch
- Kazakhstan Tightens Checks on Imported Fruit and Vegetables
- Rainmaking Technology Is Being Tested in Southern Kazakhstan
- Heat and Drought Have Not Harmed Kazakhstan’s Crops, Agriculture Ministry Says
- Russia’s Diesel Export Ban Will Not Raise Prices for Kazakh Farmers
- Kazakhstan Has Introduced “Digital Condominiums” — Here’s What They Are
- Kazakhstan’s Prime Minister Warns Samruk-Energo Chief Over Delays at Almaty CHPP-3
- Kazakhstan’s National Fund Grows to $65 Billion
- Kazakh Airlines Resume Flights to Dubai
- Rare Owl With Nearly Two-Meter Wingspan Spotted in Charyn National Park
- How Many Women Serve in Kazakhstan’s Army and What Positions They Hold
- Kazakhstani Man Gets 10 Days of Detention for Telegram Comment
- President Tokayev Orders Large-Scale Construction Across Kazakhstan: What Will Be the Focus?
