Abstract:
The purpose of the study is to create proposals and recommendations to improve the
system evaluating the quality of governance and efficient use of budget funds in
order to improve public welfare and sustainable development. The research
methodology included application of statistical methods to review scientific articles,
legislative acts and other documents, study models for evaluating the quality of
governance and efficient use of budget funds. Mathematical modeling and
forecasting methods were also used to assess aspects of governance and predict the
results when changes are made, including building a trend model and determining
the forecast values of accrued taxes and mandatory payments for 2024–2026. The
conclusions highlight there is a positive correlation between the accrued taxes and
mandatory payments to the budget of the Republic of Kazakhstan, and an economic
growth and changes in tax legislation. The key factors influencing the quality of
governance and efficient use of budget funds were identified. Recommendations
were developed to improve the quality assessment system and governance of budget
funds in order to increase efficiency and responsibility in financial management. The
results of the study can be used by public administration bodies and financial
institutions to optimize the governance of budget funds.
