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27 September, Sunday

Ufa   °

Bashkiria budget received 94.1 billion rubles in first half of year

Economy/Business

The budget of Bashkiria in January-June 2020 received 94.1 billion rubles, 40.7% of the annual plan was executed, the regional Ministry of Finance reported. In the rating of Russian regions in terms of tax and non-tax revenues, the republic takes 20th place, 4th in the Volga Federal District.

55 billion rubles of tax and non-tax revenues were received — 13.4 billion less than in January-June 2019. Execution amounted to 37.2% of the plan, a decrease of 16.8%.

Federal budget subsidies amounted to 39.1 billion rubles — twice more (+19.8 billion rubles) than in the previous period, only 51.2% to the annual plan.

"The aid from the federal treasury and the adjustment of budgetary expenditures made it possible to fulfill the social obligations assumed by the republic, to ensure uninterrupted financing of priority expenditures, to direct the necessary funds to health care, to maintain the pace of implementation of national projects," the Ministry of Finance said.

The expenditures of the republican budget were executed with an increase of 14.3 billion rubles — 104.6 billion rubles. The annual plan was fulfilled by 41.3%.

/translated by Tatiana Aksyutina
Tags: budget, execution
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