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Economy/Business
28 July 2017, 13:17

Bashkiria consolidated budget was replenished by 75 billion rubles

UFA, 28 July 2017. /Bashinform News Agency, Galina Bakhshieva/. The consolidated budget of Bashkortostan received 75 billion rubles of tax and non-tax revenues for the first six months of 2017. Of these, 60 billion rubles have been credited to the republican budget, and 15.1 billion rubles to local budgets.
Bashkortostan is now on the 13th place by volume of revenues in the rating of the Russian regions.
As noted by the Government of the region, the growth rate of the revenues of the republican budget was significantly lower than the last year's values, and also less than the average Russian level. This is due to the reduction of state blocks of shares and dividends, as well as large drop-out incomes from rental payments after challenging the cadastral value of the land. These losses could be compensated by income tax revenues, especially from participants in consolidated groups of taxpayers, excise taxes on alcohol products, corporate property tax and personal income tax.
"In the current situation, additional measures should be taken to ensure faster growth of tax revenues to budgets of all levels," the Prime Minister of the Government of Bashkortostan Rustem Mardanov said at the meeting of the Interdepartmental Commission on Raising the Revenue Potential of the republic.
Author: Galina Bakhshieva
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