Kazakhstan Cranks Up Control Over Fuel Balance And Oil Product Flows
Bektenov issued the relevant instructions to government agencies during a meeting of the Government, which focused on the Macroeconomic Stabilization Program and the Enhancement of Population Welfare for 2026-2028.
He emphasized the need for the Ministries of National Economy, Agriculture, and Trade to intensify their efforts aimed at curbing inflation and mitigating the impact of external factors on price increases.
In addition, he emphasized the importance of ensuring full compliance with the maximum permissible utility tariffs.
“Considering the moratorium on the price increase for lubricants, the price disparity with neighboring countries is intensifying. In simpler terms, our gasoline and diesel are much cheaper than in neighboring countries. Therefore, the ministries of energy, trade, finance, internal affairs, the Financial Monitoring Agency, and the Border Service need to ensure strict control over the fuel balance and the flow of oil products,” Bektenov emphasized.
The Macroeconomic Stabilization and Population Welfare Enhancement Program for 2026-2028 was developed by the Government in cooperation with the National Bank and the Financial Market Regulation and Development Agency.
According to the Ministry of National Economy, the document covers key areas for economic development, including support for household incomes, ensuring quality growth, stimulating non-commodity exports, digitization of the economy and the development of AI, improvement of investment and tariff policies, measures to reduce inflation, and the share of the state in the economy. The program also includes sections on monetary policy, the development of the financial sector, and price regulation.
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