Rustem Khamitov: "We must learn to live within our means. Save every ruble one can"

Bashinform News Agency

On July 9, Rustem Khamitov held a working session on results of the budget execution for the first six months and its perspectives till the end of 2014, the press service of the head of the region informs.

As Khamitov marked, "Bashkortostan was and obviously remains one of the leading regions in terms of gross regional product, taxes revenues to the budget system of the country. The republic is among the 11 subjects of the Russian Federation which form nearly two-thirds of tax revenues of the consolidated budget. In our republic more than 2% of all tax and non-tax revenues of the Russian Federation are mobilized".

According to the head of the region in the first half of the year the consolidated budget received about 60 billion rubles of tax and non-tax revenues, or more precisely, 59.6 billion rubles. Growth to the same period of the last year amounted to 4.1%. “This is below the national average and Volga Federal District average. In the second half of the year we should catch up the backlog and ensure absolute budget fulfillment”.

Rustem Khamitov also shared his opinion on obstacles, which the republic would face in this part. This is reduction in the tax base associated with a decrease in industrial production volume, insufficient growth of wages in the real economy sector, lower sales of alcoholic beverages. Share of counterfeit products is increasing, growth of illegal alcoholic beverages in the market is marked. In this case law enforcement bodies, supervisory and control structures should act jointly; industry opportunities should be used. Modernization of production in oil refining and increase in output of high-quality petroleum products, particularly gasoline of "Euro-5" class reduced tax revenues, as the law provides tax incentives for manufacturers.

#budget #republic #execution

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