State Regulation of Regional Entrepreneurship in the Market Economy: A Case of Kazakhstan

There is a budget leveling mechanism involving the redistribution of income between regions between the national and regional budgets in order to align budgetary security of regions of Kazakhstan. One way to allocation and distribution of budgetary funds are public procurement carried out through the state otrder. Analysis of international experience in the procurement of good, works and services for state need allows us to offer a number of enhancement for use in Kazakhatan's public procurement mechanisms. It is necessary to organiza the procurement process to provide each regioal office the ability to respond to their needs promplty and effexctively, at the same time respecting the mandatory lagal requirements. However, delegation of authority from central organs of the Republisc of Kazakhstan to subordinates may result in the risk of reducing the effectiveness of budget spending. Accordingly, it is necessary to establish effective interaction mechanisms between parent organizations and local governments in the implementation of such apporach.