The Ministry of Finance continues its systematic work to improve the transparency and efficiency of public spending.
One of the key tools in this direction is a new digital service called Baqylauda, now available on the Qoldau.kz platform. This system is designed to ensure comprehensive monitoring of all government support measures, as well as their impact on the country's economy as a whole and on specific industries and enterprises in particular, Kazpravda.kz reports.
According to Deputy Finance Minister Asset Turysov, the main goal of implementing Baqylauda is to improve the efficiency of budget spending and eliminate excessive and ineffective subsidies. The service integrates data on over 100 different government support measures implemented in the country over the past 10 years. This integration allows not only for monitoring current expenditures but also for an in-depth analysis of the effectiveness of existing programs.
Statistics for a ten-year period are currently being gradually uploaded to the system. Although information for the last two years is still being updated, Baqylauda users already have access to valuable analytical data. According to the Ministry of Finance, the total amount of state support from 2015 to 2023 amounted to 9.94 trillion tenge.
As Asset Turysov noted, it was previously difficult for the government to assess the actual effectiveness of subsidy distribution due to the lack of a unified database. Many companies received support through different programs, from different operators and agencies. Now, with the advent of Baqylauda, government agencies can see the full picture: how effectively the assistance provided is being used, and how each company is improving its performance in terms of taxes, productivity, job creation, technology adoption, and other criteria.
The service allows for analysis of government support down to the level of individual companies. This means the government will be able to identify instances of inefficient use of funds, such as businesses receiving assistance for years but showing no progress.
In addition to its analytical capabilities, Baqylauda also plays a key role in the pre-screening of support recipients. This is a first-level assessment system that includes an automated check of key risk factors. Currently, four so-called stop factors are in place: checking for links to terrorist financing, signs of fraudulent entrepreneurship, bankruptcy, and failure to fulfill obligations under previously received government support measures.
If the system detects one or more of these factors, the information is automatically transmitted to the service provider—be it a ministry or a specialized operator. The final decision on whether to grant or deny support rests with the government agency.
Baqylauda was developed in line with the Decree of the President of the Republic of Kazakhstan dated May 8, 2024, No. 542 "On Measures to Liberalize the Economy." The document's primary goal is to ensure equal and transparent access to government support measures and to automate the selection of recipients based on objective criteria.
The service was created by local IT specialists—the team from the Information and Accounting Center JSC of the Ministry of Finance of the Republic of Kazakhstan. Through a comprehensive approach, it aims not only to optimize resource allocation but also to strengthen public and business trust in government institutions.
"We understand that companies' performance can be impacted by unpredictable external factors—from weather conditions to market price fluctuations. Therefore, the analysis will be conducted not over a single year, but over several years. This will allow us to objectively assess development dynamics, rather than draw conclusions based on isolated failures," concluded Asset Turysov.
Baqylauda is thus becoming an important element of Kazakhstan's new economic policy, which is aimed at effective budget management, digitalization of public administration, and support for reputable businesses.
As a reminder, the PROFIT Infrastructure Day conference, dedicated to smart infrastructure—from the office to the country—will be held in Almaty on October 10.