Summary

SAI Kazakhstan conducted a performance audit of the implementation of public policy in the electric power sector. The audit found that energy generation and consumption in the regions are locally unbalanced. Most of the capacity is located in the northern energy zone, while a quarter of consumption is in the south. In general, only 3 regions in the North and East of the country are self-sufficient. Also, according to the auditors, one of the main problems in the electric power sector is the failure to implement plans and measures that were envisaged for its development, for example, those aimed at ensuring the transparency of tariff policy and modernization of assets. In general, the audit revealed: financial violations amounting to USD 130 thousand; ineffective planning of budget funds amounting to USD 18.7 million; ineffective use of funds and assets amounting to USD 204.5 million. 72 procedural violations and 35 systemic deficiencies were recorded.