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Economy/Business
28 November 2018, 14:28

Large investment projects with participation of budgetary funds will be checked in Bashkiria

UFA, 28 November 2018. /Bashinform News Agency, Galina Bakhshieva/ translated by Tatiana Aksyutina/.
Since January 1, 2019, the Ministry of Economic Development and the State Committee for Transport of Bashkortostan will check investment projects for the effective use of funds from the republican budget.
It relates to the examination of investment projects related to capital construction. Such a rule was approved by a recent decree of the Bashkiria Government and is valid for investment projects which value exceeds 1 billion rubles.
As explained by the Ministry of Economic Development of the region, the inspectors will determine the conformity of the project supported with budgetary investments with quantitative and qualitative criteria.
Author:Galina Bakhshieva