This study analyzes the impact of Kazakhstan's oil and energy production between 2000 and 2020 on government expenditures on health and education. Kazakhstan’s total crude oil and natural gas production, gas fuel production and distribution, domestic general government health expenditures (% of GDP), out-of-pocket health expenditures (% of total health expenditures), and government expenditures on education (% of GDP) are included. ARDL analysis showed that oil and natural gas production has an impact on government expenditures on health and education. Moreover, the boundary value proved that this effect exists in both the short and long terms. ARDL analysis also showed that oil and natural gas production has a short-term effect on out-of-pocket health expenditures, but not in the long term. These findings can be interpreted as there are scientific grounds to expect that the impact of energy production on government investments in education and health will continue in the future.

The development of small and medium-sized businesses is the key to the development of the country’s economy. Innovative development of small and medium-sized businesses will not only increase output, and increase the amount of taxes to the budget, but also improve the socio-economic situation within the state. The unemployment rate among the population will decrease, the number of working people will increase, the income level will increase, the standard of living will improve, and the members of the middle class will increase. The purpose of the study in the article is to analyze the dynamics of the development of small and medium–sized businesses in the state, differentiate their innovation activity, and provide mechanisms that improve their efficiency. The study analyzed the main indicators of business entities for 2015-2020. The research base was based on data from the National Bureau of Statistics of the agency for Strategic Planning and reform of the Republic of Kazakhstan. In the course of the research, general methods of Economic Science deduction, induction and logical structuring and grouping, comparison and statistical methods were used. As a result of the study, regulatory, innovative, financial, and infrastructure mechanisms for improving the efficiency of SMEs in the context of innovative development of the economy of the Republic of Kazakhstan were proposed. In the areas of each mechanism, measures were taken to develop innovative small and medium-sized businesses. The research material can be educational material for universities, the basis for business entities, and public administration bodies.

Р е д а к ц и я к е ң е с і: Молдова Республикасының ҰҒА академигі Белостечник Г. (Молдова); Әзірбайжан ҰҒА академигі Велиханлы Н. (Азербайджан); Тәжікстан ҰҒА академигі Назаров Т.Н. (Тәжікстан); Молдова Республикасының ҰҒА академигі Рошка А. (Молдова); Молдова Республикасының ҰҒА академигі Руснак Г. (Молдова); Әзірбайжан ҰҒА корр. мүшесі Мурадов Ш. (Әзірбайжан); Әзірбайжан ҰҒА корр. мүшесі Сафарова З. (Әзірбайжан); э. ғ. д., проф. Василенко В.Н. (Украина); заң ғ. докт., проф. Устименко В.А. (Украина) «Қазақстан Республикасы Ұлттық ғылым академиясының Хабарлары. Қоғамдық және гуманитарлық ғылымдар сериясы».