Rustem Khamitov: "Fulfillment of social obligations is direct responsibility of Bashkortostan authorities"

UFA, 18 December 2014. /Bashinform News Agency, Iliya Spiridonov/. On December 18, the President of Bashkortostan Rustem Khamitov held a meeting of the Interagency Commission for increasing revenue potential, tax and non-tax revenues of the republican budget and budgets of municipalities. The discussion focused on state measures to support investment activity and proposals for its improvement, as well as to improve efficiency of the state unitary enterprises’ property disposal.

The head of the republic noted that despite quite difficult economic situation in the country and a decrease in profits of industrial enterprises, all social obligations will be fulfilled in their entirety.

“We are obliged to fulfill undertaken social obligations, both in regard to increase in wages of public sector employees, and in regard to social facilities construction. The fulfillment of these obligations is a direct responsibility of Bashkortostan authorities at all levels, republican, municipal, local,” Rustem Khamitov said.

Bashkortostan President called for increased efforts to reduce taxes and duties debt, which constituted about 14-15 billion rubles.

Large investors should contribute to the republican budget replenishment. By volume of investment attraction Bashkortostan is surely among the top 15 regions of the country.

“In recent years, investors mainly entered oil producing regions, and not traditional industrial regions as Bashkortostan. We managed to get things moving. We will have growth of investment in relation to the previous year. Growth is not as high as we would like it to be, but still within two or three, maybe four percent. You understand that in the current economic situation it is quite good,” the head of the region marked.