Minimum wage in Kazakhstan will be reevaluated in 2027-2028

As Deputy Prime Minister and Minister of National Economy, Serik Zhumangarin, said at a government meeting, the Government of Kazakhstan is investigating the possibility of raising the minimum wage in 2027–2028.
According to Zhumangarin, they expect real income growth for the population to attain an average minimum of 2–3 percent annually from 2026 to 2028.
Also, targeted employment support programs help this income growth, especially in the regions with low economic activity.
Other measures of managing inflation should be limiting withdrawals from the National Fund and tightening oversight on public expenditure. Strict adherence to budgetary regulations will be involved in this strategy. The government’s fiscal plan projects a decrease of the budget deficit to 0.9 percent of GDP by 2028. They also expect the non-oil deficit to decline to 2.7 percent of GDP. The current aim is not to let national debt levels surpass 26 percent of GDP.
Kazakhstan’s government will set minimum wage at 85,000 tenge (approximately $163 at the current exchange rate) as of January 1, 2024.
Also, the National Bank of Kazakhstan provided the official exchange rate as of November 19, 2025, stating that 1 USD equals 521.01 KZT.

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