27.11.2025 23:50:00
Дата публикации
Kazakhstan has launched a large‑scale implementation of the digital tenge in public finance: the first meeting of the working group, chaired by Deputy Prime Minister Serik Zhumangarin and National Bank Governor Timur Suleimenov, set the goal of covering at least 100 state projects in the medium term.
A transitional integration model is already being implemented, and in the future the plan includes creating a single window for the Treasury Committee, automating the issuance and redemption of the digital tenge, and testing liquidity management mechanisms. The process is overseen by Binur Zhalenov, adviser to the Chairman of the National Bank.
Three pilot projects have been launched: medium road repairs in Pavlodar and Atyrau regions, and the issuance of vouchers for free hot meals to schoolchildren in Astana. All are aimed at testing mechanisms for targeted use of funds.
Special attention is given to “marked” money — digital budget funds that can only be spent on contract‑specified purposes, without conversion into cash or non‑cash. The marking is removed only after confirmed completion of works or deliveries.
The road repair pilot revealed the need for a unified methodology of standardization, digitization of cost documentation, and integration with certified supplier databases. Sectoral expertise is also required to analyze price discrepancies — without it, expenses cannot be properly assessed.
An important condition: all participants in the chain — from the customer to subcontractors — must have digital tenge accounts in the “e‑Contracts” system. This requires coordination and technical readiness of the entire ecosystem.
In public procurement and SME support (via “Damu”), the digital tenge is expected to increase transparency, reduce tax risks, and block fictitious schemes. The platform is technically ready, with documentation procedures under development for launch in 2026.
Other directions for digital tenge implementation include:
By the end of the year, the Ministry of Finance and the National Bank are tasked with preparing a target model for treasury integration, while the Ministry of Transport, Samruk‑Kazyna, the Ministry of Education, and the Ministry of Health must define project lists for further scaling.
A transitional integration model is already being implemented, and in the future the plan includes creating a single window for the Treasury Committee, automating the issuance and redemption of the digital tenge, and testing liquidity management mechanisms. The process is overseen by Binur Zhalenov, adviser to the Chairman of the National Bank.
Three pilot projects have been launched: medium road repairs in Pavlodar and Atyrau regions, and the issuance of vouchers for free hot meals to schoolchildren in Astana. All are aimed at testing mechanisms for targeted use of funds.
Special attention is given to “marked” money — digital budget funds that can only be spent on contract‑specified purposes, without conversion into cash or non‑cash. The marking is removed only after confirmed completion of works or deliveries.
The road repair pilot revealed the need for a unified methodology of standardization, digitization of cost documentation, and integration with certified supplier databases. Sectoral expertise is also required to analyze price discrepancies — without it, expenses cannot be properly assessed.
An important condition: all participants in the chain — from the customer to subcontractors — must have digital tenge accounts in the “e‑Contracts” system. This requires coordination and technical readiness of the entire ecosystem.
In public procurement and SME support (via “Damu”), the digital tenge is expected to increase transparency, reduce tax risks, and block fictitious schemes. The platform is technically ready, with documentation procedures under development for launch in 2026.
Other directions for digital tenge implementation include:
- digital VAT (integration with e‑invoices by the end of 2025),
- “Safe Deal” for car purchases (launch in April 2026),
- use of the digital tenge in procurement of medical equipment and construction of industrial facilities.
By the end of the year, the Ministry of Finance and the National Bank are tasked with preparing a target model for treasury integration, while the Ministry of Transport, Samruk‑Kazyna, the Ministry of Education, and the Ministry of Health must define project lists for further scaling.
