Kazakhstan notes 5-year peak in fiscal revenue

04.08.2022

Half-year tax revenues to Kazakhstan’s consolidated budget reached a five-year record high, largely driven by high energy prices, according to the review published by the Association of Financiers of Kazakhstan (AFK) on Aug. 3. As a result, the budget surplus reached 1.4 trillion tenge (US$ 2.9 billion).

Considering the increase in...