Education financing in the republic οf Kazakhstan: Problems of ensuring efficiency and effectiveness

Abstract

The dynamics of budget expenditures on education has been studied in this study. The share of expenditures on education in GDP has been described in comparison with other countries of the world. The peculiarities and problems of education financing typical of Kazakhstan have been revealed. Insufficient financing has been noted as the main reason for the weak competitiveness of national education. The indicators of low competitiveness of education in Kazakhstan and the ways of solving problems in the education sector of the Republic of Kazakhstan have been analyzed.