Kazakhstan to Save Over $5.5 Billion by Ending Benefits for Wealthy

Starting January 1, 2027, Kazakhstan will implement an targeted social support system, aiming to save approximately 700 billion tenge ($1.5 million) in 2027 and up to 2.5 trillion tenge ($5.5 billion) over three years. Prime Minister Olzhas Bektenov stated the current system is unfair, as affluent families receive the same payments as low-income ones. Savings will reduce budget deficit.

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