07 October 2009, Wednesday, 14:40

Constantine Tolkatchev: the budget RB-2010 will be socially oriented

author: Nikolai Ermolenko

“The budget of Bashkortostan-2010 will be as socially oriented as before – 70% of its expenses will be directed into education, health protection and social spheres” – the chairman of State Council RB Constantine Tolkatchev stated, taking the floor in Yanaul at the solemn meeting on the occasion of the forthcoming Republic Day – “Bashkortostan even made the Regional Fund, which means weren’t yet spent. Besides, our Republic possesses a high credit rate and in case of emergency we may borrow money from any European country, so financial stability in the Republic will be high enough as in the course of previous years”.

“Thanks to the worked up in time Program of anti-crisis measures Bashkortostan pays salaries to teachers, medics and other employees of budget sphere in time, builds up housing and solves the questions, connected with stable activity of our economics. Diversification of the branches of the Republican economics and input of new production capacities into exploitation helped us to avoid many painful problems: shutdowns of productions, arrears of wages and contractual breakdowns and this in its turn minimized the growth of obligations RB on the wages and, as a consequence, social intensity” – the speaker of Bashkir parliament stated.

Despite the crisis “the Republic goes on developing, avoiding noticeable recessions in economic growth and preserving leading positions among other Russian regions by the main macroeconomic showings”.