Positive trend is emerging in Bashkiria economy

At the end of 2021, a positive trend in investment activity is expected in Bashkortostan. This was announced at a meeting chaired by Prime Minister of the Government RB Andrey Nazarov, Deputy Prime Minister - Minister of Economic Development and Investment Policy RB Rustam Muratov.

He announced the main operational results of the economic development of Bashkiria.

"Over 11 months, we see a continued recovery of key sectors of the economy, which indicates an improvement in the situation at enterprises. Growth continues in the industrial sector - 106%. Most industries show positive trends. In manufacturing industries, the growth was 107%. Including in the production of petroleum products, they practically reached the previous year's level. In November, the growth was 114%. In the production of medicines - an increase of 2.4 times, in metallurgy - about 120%," Rustam Muratov said.

He noted that the normalization of production and marketing of products ensured a significant improvement in the financial condition of enterprises.

So, in January-October, the balanced profit in the economy increased by 2.7 times - up to 296.4 billion rubles, which exceeds the "pre-pandemic" indicators by 1.3 times.

According to the minister, it was managed to reverse the negative trend in investment in fixed assets for a full range of organizations.

Following the results of 9 months, the increase in capital investments amounted to 3.6%, and their total sum was 244.4 billion rubles.

Author: Rozalia Valeeva