The real growth of Kazakhstan’s GDP in 2026 will be 5.4%, and the average annual pace for three years will reach 5.3%. This was announced by Deputy Prime Minister, Minister of National Economy of the Republic of Serik Zhumangarin.
, as the press service of the Kazakh government reports, in the framework of the execution of the president’s instructions to ensure long-term balance of public finance at a meeting of the government, a long-term forecast for the development of the country for 2026-2035 was considered, and Serik reported on the main parameters of the document. Zhumangarin.
According to him, three development scenarios were considered: basic, moderate and alternative. In the basic version, the average annual GDP growth in 10 years will be 4.5%, which will increase the nominal GDP to 473.2 trillion tenge by 2035.
In accordance with the forecast, the state budget revenues in 2035 will increase to 66.8 trillion tenge. At the same time, to reduce dependence on the raw material sector, the size of a guaranteed transfer of the National Fund is provided with a gradual decrease in the tenge from 2029.
“state budget revenues in 2035 will increase to 66.8 trillion tenge. A guaranteed transference is provided with a decrease in up to 2 trillion tenge from 2029. It is determined with a gradual decrease to 0.4% to GDP in 2029 and the achievement of the zero level starting since 2030, ”the Deputy Prime Minister emphasized.