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12 December, Wednesday

Ufa   °

Rustem Khamitov took part in State Council meeting of Russian Federation

Economy/Business

UFA, 28 December 2017. /Bashinform News Agency/.

Yesterday in Moscow, the Head of Bashkortostan, Rustem Khamitov, took part in a meeting of the State Council of the Russian Federation, devoted to the issues of improving investment attractiveness of the regions.

The meeting discussed specific proposals in the sphere of investment climate improving, examined the results of implementing targeted models for simplifying business procedures.

Opening the meeting, Russian President Vladimir Putin noted that currently, among the main tasks was formation of comfortable conditions for opening and running business, launching new production facilities, and thus creating new jobs, raising real wages and personal incomes.

At the same time, according to Vladimir Putin, much in investment development depends on regional management teams.

The President of Russia stressed that improving the business climate required a systematic approach. Its key mechanisms are the implementation of the National Entrepreneurial Initiative (NPI), the National Investment Climate Rating and implementation of targeted models for simplifying business procedures. In particular, due to the NPI, it was possible to optimize the federal regulatory framework, to cancel more than 50 redundant administrative procedures.

The head of state noted that another factor of investment attractiveness of the regions is their financial stability.

To strengthen the financial position of the regions, to obtain additional resources for solving current and future tasks, a program of restructuring budgetary credits was launched.

Recall that Bashkortostan is among the regions with low debt burden. At a recent meeting of the Presidium of the Government of the Republic, the Deputy Prime Minister Evgeny Guriev said that by the end of the year, the republican debt would amount to 18.2 billion rubles, with a decrease by 5.4 billion rubles (23%) by the beginning of the year, which was due to the rejection of market borrowings and bank loans early repayment.

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