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18 October, Thursday

Ufa   °

Bashkortostan budget will be increased by 19 billion rubles

Economy/Business

UFA, 17 May 2018. /Bashinform News Agency, Gulfiya Akulova/ translated by Tatiana Aksyutina/.

The deputies of the State Assembly — Kurultai of the Republic of Bashkortostan intend to consider at the next plenary session a draft law "On Amending the Law of Bashkortostan Republic "On the Budget of the Republic of Bashkortostan for 2018 and the planning period of 2019 and 2020", which supposes an increase in the revenue part of the budget by 19,13 billion rubles for the current year.

"The bulk of these funds in the amount of 16.48 billion rubles is the corporate income tax," commented on the chairman of the State Assembly — the Kurultai of the Republic of Bashkortostan Konstantin Tolkachev. "In addition, the region will receive additional subsidies from the federal budget of $ 2.46 billion, increased amount of funds by 126 million from the Fund of Assistance to Housing and Utilities Services Reforming, 30 million from the Targeted Social Programs Fund to the provide subsidies for socially-oriented non-profit organizations. Additional revenues will be spent on the modernization of municipal infrastructure facilities, construction and reconstruction of facilities for the 100th anniversary of the republic's formation, state support of agriculture, providing high-tech medical aid to the population, increase of wages of different sectors employees due to the increase of the minimum wage and the implementation of the May decrees of the President of the Russian Federation".

Tags: budget, increase
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