Kazakhstan Considers Eliminating Benefits for Affluent Citizens to Save Funds

Kazakhstan's government is preparing a social security reform to eliminate benefits for "well-off" citizens, aiming to save 700 billion tenge ($1.6 billion) by 2027. Prime Minister Olzhas Bektenov stated that affluent individuals should not receive government assistance. This measure is part of a broader parliamentary process to approve the budget for the next three years, with total projected savings of 2.5 trillion tenge ($5.6 billion) primarily through benefit cuts based on declared income.

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