Ministry of Finance of the Republic of Kazakhstan

Қазақстан Республикасы Қаржы министрлігі (Kazakh) Министерство финансов Республики Казахстан (Russian)
Emblem of Kazakhstan
Office building of the Ministry of Finance
Agency overview
Formed	17 December 1991
Jurisdiction	Government of Kazakhstan
Headquarters	Nur-Sultan, Kazakhstan
Agency executive	Madi Takiyev, Minister
Website	Official website

The Ministry of Finance of the Republic of Kazakhstan (MF RK, Kazakh: Қазақстан Республикасы Қаржы министрлігі, romanized: Qazaqstan Respublikasy Qarjy ministrlıgı, ҚР ҚарМин; Russian: Министерство финансов Республики Казахстан, МФ РК) is a central executive body of the Government of Kazakhstan, providing leadership and intersectoral coordination in the financial sector. It was established on 17 December 1991, just a day after Kazakhstan declared its independence from the Soviet Union, the Law "On budget system of the Republic of Kazakhstan" was introduced.^[1] The Ministry is currently led by Erulan Jamaubaev.

Ministers

• Tuleubek Abdikadirov, April 1990 — November 1992
• Erkeshbay Derbisov, 1992 — 1994
• Alexander Pavlov, October 1994 — February 1998^[2]
• Sauat Mynbayev, 1998 — 1999
• Oraz Jandosov, January 1999 — October 1999^[3]
• Mazhit Esenbayev, 1999 — January 2002
• Alexander Pavlov, January 2002 — June 2003
• Erbolat Dosaev, 2003 — April 2004
• Arman Dunayev, April 2004 — January 2006^[4]
• Natalya Korzhova, January 2006 — November 2007
• Bolat Zhamishev, November 2007 — November 2013
• Bakhyt Sultanov, November 2013 — September 2018
• Älihan Smaiylov, September 2018 — May 2020^[5]
• Yerulan Zhamaubaev, May 2020 — February 2024^[6]
• Madi Takiyev, February 2024^[7] —

Tasks

• budget execution;
• budget accounting and reporting on budget execution;
• accounting and reporting on the National Fund of the Republic of Kazakhstan;
• ensuring the receipt of taxes and other mandatory payments to the budget;
• fullness and timeliness of transfer of mandatory pension contributions and social deductions to the State Security Fund;
• state regulation of production and turnover of ethyl alcohol and alcoholic products;
• state regulation of production and turnover of tobacco products;
• state regulation of production and turnover of individual types of petroleum products;
• state regulation in the field of customs;
• state and guaranteed borrowing by the state;
• budget lending;
• management of republican state property;
• management of government and guaranteed by the state debt and debt to the state;
• regulation of public procurement;
• implementation of internal financial control;
• implementation of control over bankruptcy procedures (with the exception of banks, insurance (reinsurance) organizations and accumulative pension funds);
• regulation of activities in the field of accounting and financial statements;
• regulation in the field of audit activity and control over the activities of audit and professional organizations, conducting state monitoring of property;
• financial monitoring for countering.

Structure

Departments

For 2019:^[8]

• Department of Reporting and Statistics of Public Finance;
• Department of Budget Planning;
• Department of State Budget;
• Department of Budget of Law Enforcement, Special Organs and Defense;
• Department of Budget of Social Sphere;
• Department of Budget of Industry, Transport and Communications;
• Department of Budget of the Agro-Industrial Complex, Natural Resources, Construction and Housing and Communal Services;
• Department of Budget Legislation;
• Department of Tax and Customs Law;
• Department of Appeals;
• Department of State Procurement Legislation;
• Department of Accounting and Auditing Methodology;
• Department of International Financial Relations;
• Department of State Borrowing;
• Department of Budget Lending, National Fund of the Republic of Kazakhstan and the Interaction on Financial Sector;
• Department of Legal Service;
• Department of Digitalization and Public Services;