Kazakhstan Parliament's Scathing Budget Report: Record Revisions, Massive Violations

Kazakhstan Parliament Slams 2024 Budget Execution: 13 Revisions, Billions in Violations Kazakhstan's parliamentarians have sharply criticized the government's handling of the 2024 national budget, citing a record 13 revisions and significant financial irregularities. The report, based on an audit by the Supreme Audit Chamber, reveals substantial shortfalls and ineffective spending. "The budget was revised 13 times – this is an anti-record," stated one deputy in the video. The audit uncovered violations totaling over 862 billion tenge, a 65% increase from the previous year. This includes 422 billion tenge in unspent funds and 147 billion tenge in inefficiently used resources. Deputies expressed concern over the government's reliance on the National Fund and loans to cover nearly half of its expenditures. One MP highlighted the discrepancy between initial revenue projections and the actual figures, stating that "the numbers were simply drawn." The government's response focused on the lack of alternative options. The situation underscores challenges in budget management and transparency. The parliament's strong criticism signals a need for greater accountability and reform in Kazakhstan's fiscal system.