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27 January, Wednesday

Ufa   °

Budget revenues of Bashkiria decreased by 15% in January-October

Economy/Business

The Ministry of Finance of Bashkiria presented data on the budget execution as of November 1. According to the ministry, tax and non-tax revenues amounted to 132 million rubles — 67.8% of the annual plan. The decrease was 15% compared to 10 months of 2019.

Corporate income tax has decreased by 17.03 billion rubles or 1.6 times; property taxes — by 2.55 billion rubles, or 15.6%; excise taxes — by 987.8 million rubles, or 5%; total income taxes — by 371.1 million rubles, or 4.3%.

Revenues from the use of state and municipal property amounted to 11.14 billion rubles — by 4.1 billion rubles or 1.4 times less than in 10 months of 2019.

Gratuitous receipts (federal tranches) amounted to 68.85 billion rubles (34.3% of total revenues) — by 33.01 billion rubles or almost twice as much as in the previous year.

Budget expenditures in January-October amounted to 223 billion 556 million rubles (+ 17%).

/translated by Tatiana Aksyutina
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