MANAGEMENT OF FINANCING SOCIAL AND ECONOMIC PROJECTS IN THE REGIONS OF THE REPUBLIC OF KAZAKHSTAN: MODERNIZATION OF MONETARY AND FINANCIAL INSTRUMENTS

This article examines the issues of fulfilling the instructions of the Head of State K.-Zh. Tokayev in the framework of the Address to the People of Kazakhstan dated September 1, 2022, related to the new economic policy, including the development of a new Tax and Budget Codes. In order to develop practical recommendations for the development of this regulatory legal act, an analysis of the efficiency of the current tax system of the Republic of Kazakhstan was carried out, its shortcomings and ways to eliminate them were identified. To resolve pricing issues, elements of the monetary system were considered, measures were identified that contribute to the systemic regulation of money circulation in the country, and proposals for the effective functioning of the financial system were developed. In the context of solving the problems of transition from "budget management" to "results management" by using methods of analysis and synthesis, comparison, statistical analysis, the current mechanisms of budget planning and execution are defined and measures are proposed to revise and improve budget instruments in the New Budget Code. The proposed measures are aimed at modernizing monetary and fiscal instruments and implementing the new economic policy in the republic.