Abstract:
The article addresses Kazakhstan's state budget development and administration
throughout the worldwide pandemic and geopolitical upheavals. Using the state budget as
an example, this paper examines the evolution of the budget system and ideas to enhance its
efficiency and openness. The increasing focus of public finances on solving particular objectives
to attain socioeconomic development goals has made boosting the openness and transparency
of the budget system an exceedingly critical responsibility. This problem is important since the
budget is currently actively burning the national fund's reserves, which may lead to risks in the
future. As a result, budget management must be reviewed and adapted to new circumstances. The
study's goal is to examine the effective administration of the state budget and its expenditure in
light of changing circumstances. The study is descriptive in nature and is based on the findings
of previously published publications.