The First Balgimbayev Government was the third government of Kazakhstan, led by Prime Minister Nurlan Balgimbayev. The government was formed after Prime Minister Akezhan Kazhegeldin resigned on 10 October 1997 due to apparent health reasons. That same day, President Nursultan Nazarbayev appointed Balgimbayev as Prime Minister, and he was promptly approved by the Parliament.

Balgimbayev focused on addressing economic challenges, particularly following the 1998 Russian financial crisis, which significantly affected Kazakhstan's economy. His handling of the situation drew criticism, leading to an attempted motion of no confidence against him in October 1998. Following the 1999 presidential election, Balgimbayev resigned on 21 January 1999 but was reappointed shortly after, leading the newly formed government.

Composition FunctionsHolderStartEndPrime MinisterNurlan Balgimbayev10 October 19971 October 1999First Deputy Prime MinisterAkhmetzhan Yessimov24 October 199620 February 1998Oraz Jandosov20 February 199821 November 2001Deputy Prime MinisterAleksandr Pavlov14 September 19963 October 1999Baltash Tursumbaev25 October 19982 November 1998Ministry of Foreign AffairsErlan Idrissov18 April 199412 October 1994Kassym-Jomart Tokayev13 October 199412 October 1999Ministry of DefenseMukhtar Altynbayev30 October 19969 August 1999Ministry of Internal AffairsKairbek Suleimenov18 October 199520 December 2000Ministry of AgricultureSerik AqymbekovMarch 1996January 1998Sergey KulaginJanuary 1998September 1998Toleuhan NurkiianovSeptember 1998January 1999Ministry of JusticeBauyrzhan Mukhamedzhanov13 October 1997September 2000Ministry of Science and New TechnologiesVladimir Shkolnik21 August 1994October 1999Minister of Education, Culture and HealthcareKrymbek Kusherbayev17 October 1997January 1999Ministry of Labour and Social Protection of the PopulationNatalya KorzhovaNovember 1996October 1999Ministry of Transport, Communications, and TourismErkin Kaliev1997September 1998Serik BurkitbaevSeptember 1998January 1999Ministry of Information and Public AccordAltynbek SarsenbayulyOctober 1997January 1999Ministry of FinanceAleksandr PavlovOctober 1994February 1998Sauat MynbayevFebruary 1998January 1999Ministry of Energy, Industry and TradeAsygat JabaginOctober 1997April 1998Ministry of Energy and TradeMukhtar Ablyazov21 April 1998October 1999Ministry of Ecology and Natural ResourcesSerikbek DaukeevOctober 1997January 1999

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