Directions of Development of The System of Inter-Budgetary Relations of Kazakhstan In Modern Conditions

The article is devoted to the analysis of the effectiveness of intergovernmental relations in Kazakhstan in the context of the need to stabilize economic processes. The aim of the research is to assess the main factors affecting the development and stabilization of intergovernmental relations, as well as to develop proposals for the redistribution of budgetary funds at the local level. The research methods include an analysis of interregional equalization instruments, an assessment of local budget revenues, and an analysis of ways to improve the regulation of intergovernmental relations in Kazakhstan. As a result of the study, important directions for improving the intergovernmental relations system were identified, such as increasing local budget revenues, strengthening the tax base, and developing the system of «fiscal decentralization». In addition, the importance of developing budget autonomy within the framework of local self-government reform was justified. Overall, the study aims to optimize intergovernmental relations in Kazakhstan with the aim of improving the effectiveness of the budgetary system.