Dear Readers,
The President approved Law1 On the State Budget for 2023 鈥� 2025. The Law establishes the following indexes effective from 1 January 2023:
- The minimum salary is 70 000 tenge (currently 鈥� 60 000 tenge);
- The minimum state basic pension is 24 341 tenge (currently 鈥� 20 191 tenge);
- The minimum pension is 53 076 tenge (currently 鈥� 48 032 tenge);
- Monthly index factor is 3 450 tenge (currently 3 180 tenge 鈥� for social payments; 3 063 tenge 鈥� for fines and taxes);
- The cost of living for the calculation of basic social benefits is 40 567 tenge (currently - 37 389 tenge).
1 Law No. 163-VII On the State Budget for 2023-2025, dated 1 December 2022