Translation. Region: Russian Federation –
Source: People's Republic of China in Russian – People's Republic of China in Russian –
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Source: People's Republic of China – State Council News
Almaty, December 23 (Xinhua) — Pensions and benefits in Kazakhstan will be increased by 10 percent starting January 1, 2026. This was announced by Deputy Prime Minister and Minister of National Economy Serik Zhumangarin on Tuesday.
S. Zhumangarin reported that the 2025 social budget amounted to 5.9 trillion tenge (approximately 11.46 billion US dollars), and in 2026 it will reach 6.8 trillion tenge (approximately 13.2 billion US dollars).
"Pensions and benefits will be increased by 10 percent. For comparison, in 2025 it was 8.5 percent. In the 2026 budget, we have allocated 636 billion tenge (approximately $1.23 billion) for increasing pensions and benefits alone," the minister noted.
At the same time, according to him, the wage fund has consistently amounted to around 31 percent of the country's gross domestic product for several years.
"And this year, I hope, we'll cross the $300 billion mark for the first time. We might even reach $15,000 per capita," added S. Zhumangarin.
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