Ministry of Finance (Kazakhstan)

The Ministry of Finance (Kazakh: Қаржы министрлігі) 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, a law "On budget system of the Republic of Kazakhstan" was introduced.[1] The Ministry is currently led by First Deputy Prime Minister Alihan Smaiylov.[2]

Ministry of Finance
Қаржы министрлігі
Emblem of Kazakhstan

Office building of the Ministry of Finance
Agency overview
Formed17 December 1991
JurisdictionGovernment of Kazakhstan
HeadquartersNur-Sultan, Kazakhstan
Agency executive
  • Yerulan Zhamaubaev, Minister
WebsiteOfficial website

Ministers

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;

See also

References
  1. "Министерство финансов Республики Казахстан, е-МинФин". www.minfin.gov.kz. Retrieved 2020-05-01.
  2. "Министром финансов назначен помощник Президента Алихан Смаилов". informburo.kz. 2018-09-18. Retrieved 2020-05-01.
  3. "ПАВЛОВ Александр Сергеевич | ЦентрАзия". centrasia.org.
  4. "ДЖАНДОСОВ (ЖАНДОСОВ) Ораз Алиевич | ЦентрАзия". centrasia.org.
  5. "ДУНАЕВ Арман Галиаскарович | ЦентрАзия". centrasia.org.
  6. "СМАИЛОВ Алихан Асханович | ЦентрАзия". centrasia.org.
  7. "Министерство финансов Республики Казахстан, е-МинФин". www.minfin.gov.kz.
  8. "Қазақстан Республикасы Қаржы министрлігінің интернет-ресурсы МО ИРБП-ге көшті".
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