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    Kazakhstan Government Spends Half of 2025 Reserves on 'Emergency' Situations

    Kazakhstan Government Deploys 200 Billion Tenge from Reserves Amidst Budget Concerns Astana, Kazakhstan – In a recent development, the Kazakhstan government has drawn approximately 200 billion tenge from its reserves during the first five months of 2025. This significant expenditure has raised questions about budget management and resource allocation. Deputy Prime Minister and Minister of National Economy, Serik Zhumangarin, confirmed the spending, stating that the funds were allocated to address urgent situations. He emphasized that "all expenses were of an emergency nature." The government's initial budget for 2025 reserves was approximately 400 billion tenge, meaning that half has already been used. While Zhumangarin assured the public that the government plans to replenish the reserves, concerns remain about the scale of the emergency spending and the overall efficiency of budget management in the country. This follows earlier statements by political analyst Dosym Satpayev who raised concerns about budget mismanagement leading to the disappearance of funds. The government's commitment to replenishing the reserves is a positive sign, but further transparency and accountability in budget management are crucial to build public trust and ensure responsible use of public funds.

    2 months ago
    KZ
    Astana, Kazakhstan
    news summary
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