In Kazakhstan, a mechanism for "coloring money" has been introduced to monitor the spending of public funds during budget implementation. This mechanism is being implemented on the "digital tenge" platform and serves as a crucial tool for ensuring transparency and minimizing corruption risks in financial expenditures, as reported by a correspondent from the Kapital.kz business information center, citing the press service of the Anti-Corruption Agency.
At an interdepartmental meeting attended by deputies, representatives from the National Bank, and officials from the ministries of finance, transport, industry and construction, agriculture, as well as other interested state bodies and organizations, it was explained that the "coloring money" mechanism allows for tracking the use of budget funds at all stages—from allocation to full utilization. Each tenge receives a unique digital tag, which eliminates the possibility of theft and promotes the rational use of the budget.
Currently, project implementation has begun in agriculture and the construction of road and railway infrastructure. In the Akmolinsk region, the issuance of microloans for purchasing agricultural livestock and subsidizing equipment costs is already being tested under the "Aul Amanaty" program. In the construction sector, this mechanism is being applied to the road project "Mukur-Kulsary" in the Atyrau region, valued at 2.1 billion tenge, and to the railway project "Dostyk-Moyinty" in the Karaganda region, amounting to over 160 billion tenge.
"An essential component for the successful functioning of this mechanism is the full integration with the information systems of government agencies, which will significantly enhance control over the actual use of budget funds in these sectors," noted the participants at the meeting.
Government agencies have been advised to continue working in these areas while thoroughly addressing risks and safeguarding the interests of the business community. Following the meeting, several proposals were developed for further expanding and scaling the application of this tool to other sectors and areas.