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    Home EURASIA Azerbaijan

    Kazakhstan records state budget revenue growth in 1Q2026

    The Analyst by The Analyst
    April 21, 2026
    in Azerbaijan
    Kazakhstan records state budget revenue growth in 1Q2026


    ASTANA, Kazakhstan, April 17. In the first
    quarter of 2026, Kazakhstan recorded strengthening of the state
    budget’s revenues, Trend reports via the Kazakh government.

    READ ALSO

    Turkmenistan plans 10 bcm gas processing plant at Galkynysh field – Turkmengaz

    Azerbaijan’s SOCAR Trading proposes establishing an energy exchange in Baku

    According to preliminary data, state budget revenues for Q1 2026
    (excluding transfers) reached 104.4% of the plan. Out of the
    planned 6.176 trillion tenge ($13.42 billion), the budget received
    6.444 trillion tenge ($13.99 billion), exceeding the plan by 268.7
    billion tenge ($0.58 billion).

    Compared to the same period in 2025, state budget revenues
    increased by 930.6 billion tenge ($2.02 billion), or 16.9%. Revenue
    overperformance was recorded in both the republican and local
    budgets.




    Tax revenues in the republican budget for 2026 are planned at
    18.886 trillion tenge ($41.0 billion), which is 4.4 trillion tenge
    ($9.56 billion) higher than the actual receipts in 2025.

    The exchange rate used is the official rate of the National Bank
    of Kazakhstan as of April 8, 2026 (460.3 KZT per $1).



    Source link

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