Bashkiria Economic Development Ministry corrected social and economic development forecast

UFA, 17 November 2017. /Bashinform News Agency, Olga Murtazina/. The Ministry of Economic Development of Bashkiria corrected a forecast of the socio-economic development of the republic. The main adjustments to the projected values affected the social sphere. In particular, the average monthly wage growth has been revised. The indicator is increased by an average of 3.8%, it is planned that in 2018 it will reach 32.5 thousand rubles, and in 2020 - 36.2 thousand rubles. As a result, the wage fund will amount to 446.5 billion rubles in 2018, in 2020 - 497.7 billion rubles.

The share of the population with cash incomes below the subsistence minimum has also decreased. In comparison with the original version, it was reduced by 0.3 percentage points.

The data were announced by the Minister Sergei Novikov at a meeting of the Committee for Budget, Tax, Investment Policy and Territorial Development of the State Assembly - Kurultay RB.