During a press conference at the government on March 19, 2024, Kazakhstan's Finance Minister Madi Takiyev was unable to provide an estimate of the funds needed to update the country's coat of arms. Journalists inquired whether the Ministry of Finance had conducted any calculations regarding the potential costs of changing the emblem and how the ministry views the public opinion that now may not be the right time to spend on this endeavor.
Takiyev responded by emphasizing the need to first determine if changing the emblem is necessary, highlighting that no decision has been made yet. He mentioned the possibility of forming a special commission if the majority of society supports the change. Takiyev explained that changing the emblem is a significant task that the ministry has not yet embarked on.
The Finance Minister further stated that the special commission will thoroughly examine the issue of emblem change, and if a positive decision is reached, the associated expenses will become clear. However, Takiyev could not provide an approximate amount needed for the update or identify potential sources of funding.
During a session of the National Assembly on March 15, 2024, President Kassym-Jomart Tokayev proposed the idea of updating Kazakhstan's coat of arms. The discussion surrounding the potential financial implications of this emblem change continues as the government assesses public sentiment and practical considerations.