Kazakhstan Agency Saves 224.7 Billion Tenge in Public Funds Misuse Prevention

The agency's vigilance has recovered substantial funds for the budget. Its focus on preventing corruption in public procurement ensures public funds are used responsibly.

, and Administrator

2025 October 28 . 3:18 AM

1 min read

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Kazakhstan Agency Saves 224.7 Billion Tenge in Public Funds Misuse Prevention

An unspecified agency has been actively reviewing and preventing the misuse of public funds in Kazakhstan. Since 2019, it has identified and addressed overpricing totaling 224.7 billion tenge, saving significant funds for the budget.

In the latest review, the agency found 22.6 billion tenge of overpriced funds, with 6.4 billion already returned to the budget. Looking ahead to 2024, the agency anticipates overpricing of 55 billion tenge, with plans to recover 26 billion. So far this year, overpricing of 29 billion tenge has been identified.

The agency's focus is on preventing corruption in public procurement. It employs monitoring techniques to detect overpricing and other irregularities in public contracts. Since its inception, it has successfully prevented the irrational use of 224.7 billion tenge, demonstrating a strong commitment to fiscal responsibility and transparency.

The agency's efforts have resulted in the recovery of substantial funds, contributing to the budget's overall health. By focusing on preventive measures and monitoring public procurement, the agency aims to continue safeguarding public funds from misuse and corruption.