This report explores how fiscal decentralization and equalization can unlock Kazakhstan's regional development potential and support its ambition to reach high-income status. The report looks at Kazakhstan's growth strategy, considers regional imbalances, and shows how greater local fiscal autonomy can improve accountability and produce progressive policies that suit regional needs. The report provides a road map for policymakers to help promote more balanced and resilient economic development, build robust economic ecosystems, and support innovation-driven competitiveness.
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