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Economy/Business
1 September , 16:41

Bashkiria’s economic and investment development program was approved

The government of Bashkortostan approved the state program "Economic and investment development of the Republic of Bashkortostan "for 2023-2028. The document was published on the official Internet portal of legal information of the region.

The main goals of the program are the formation of a new economy in the region and resistance to the impact of global external and internal challenges. It is equally important to ensure the breakthrough investment development of Bashkortostan.

Among the tasks are to stimulate the development of the republic's economy, improve the quality and availability of state and municipal services in the region, as well as "create conditions for the formation of a favorable investment climate and the concentration of investment resources in key sectors of the economy of Bashkortostan," the government decree says.

The total amount of financial support for the state program in 2023-2028 will amount to 9,589,863.8 thousand rubles. Of these, 9,298,578.6 thousand rubles will be allocated from the republican budget, 82,335.2 thousand rubles from the federal budget, and 208,950.0 thousand rubles from extrabudgetary sources.

The regulation comes into force on January 1, 2023.

Author: Galina Bakhshieva

Translated by:Tatyana Aksyutina
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