Bashkiria strengthened its position in the investment climate rating according to Expert RA
UFA, 16 December 2014. /Bashinform News Agency, Elvira Latypova/.
Bashkortostan is placed in the second group of regions with “average potential — minimal risk (2A)” in the investment climate rating-2014 according to the "Expert RA" along with Tatarstan and Belgorod region. Over the last year the republic strengthened its position in the rating: in 2013 Bashkortostan was rated "average potential — moderate risk (2B)". The results of the study "Investment attractiveness of regions 2014: the burden of governance" were published on the official website of the rating agency.
Moscow, Moscow region, St. Petersburg and Krasnodar region were included in the leading group "maximum potential — minimal risk (1A)".
The subjects of the Russian Federation were evaluated by two parameters: the investment potential and investment risk. On the level of integrated investment risk our region rose from 19th position to the 13th for the year.
The analysis of trends in 2014 showed that "regions with well-developed agricultural sector are growing due to counter-sanctions" and also "subjects — oil and gas exporters, whose companies benefited from the low rate of the ruble". In this case, "subjects with a significant proportion of chemical, petrochemical and refining industries stand out against others".
Average country investment risk grew by 1.3 percent, and "the process is of clearly frontal nature affecting all types of private investment risks."
As of November 1, consolidated revenues of Bashkortostan formed in the amount of 136 billion rubles. Budget is executed with deficit of 1.6 billion rubles. According to the Ministry of Finance, public debt as of November 1 totaled 24.2 billion rubles, or 17.8 percent of revenues, including 13.1 billion of government securities, 6.1 billion rubles of budget loans, 4.5 billion rubles of bank loans in rubles, 458.8 million rubles of state guarantees.