ACTUAL DATA ON AMOUNT OF LOAN, PUBLIC DEBT
AND INTEREST PAYMENTS
Government borrowing was carried out within the approved republican budget deficit for 2024.
For 2024, MoF issued a government securities on the internal market in amount of KZT 5,583.1 billion.
Receipt of external loans accounted for KZT 1,447.2 billion.
As of January 1, 2025 the public debt amounted for KZT 31,838.1 billion or 23.7% of GDP (at GDP KZT 134,252.9 billion), including:
1) government debt - KZT 30,074.9 billion or 94.5% of public debt.
The structure of government debt is as follows:
- internal debt – KZT 21,765.2 billion (72%),
- external debt – KZT 8,309.7 billion (28%);
2) internal debt of National Bank of Kazakhstan on a discounted cost (short-term notes) - KZT 454.1 billion or 1.4% of the total amount of public debt;
3) portfolio of debt obligations of local executive bodies accounted for KZT 1,309.0 billion or 4.1% of the total amount of public debt.
The government structure:
by terms:
- shot-term – KZT 845.6 billion;
- medium-term – KZT 3,142.6 billion;
- long-term- KZT 26,086.8 billion;
by interest rates:
- fixed – 84%;
- inflation indexed – 2%;
- floating – 14%.
Government debt service payments for 2024 accounted for KZT 2,182.0 billion.