Treasury Committee officially was renamed State Treasury Committee

The procedure for the official re-registration of the Treasury Committee, which is now called the State Treasury Committee of the Ministry of Finance of the Republic of Kazakhstan, has been completed. This event was part of reforms aimed at increasing the transparency and efficiency of budget processes.

The new name emphasizes the important role of the Committee in managing public finances, and reflects the increase in the status of the state body. It is important to note that the renaming does not entail an increase in the staffing of the Committee or additional expenditures of the state budget.

The renaming is provided for by the provisions of the new Budget Code of the Republic of Kazakhstan (No. 171-VII), put into effect on March 15, 2025, and meets the requirements of the Concept of Public Finance Management until 2030, approved by Decree of the President of the Republic No. 1005 of September 10, 2022.

The decision to rename the Committee was enshrined by Order of the Minister of Finance of the Republic of Kazakhstan dated October 3, 2025 No. 565, which made appropriate changes and additions to the provision on the Committee, previously approved by the First Deputy Prime Minister of the Republic of Kazakhstan - Minister of Finance of the Republic of Kazakhstan in December 2019.