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Economy/Business
25 January , 12:39

Sanctions did not affect budget execution in 2022 - Bashkiria Ministry of Finance

Republican Ministry of Finance reported on the execution of the budget for 2022. As Deputy Prime Minister and head of the department Lira Igtisamova said at a government meeting, the republican budget revenues amounted to 280.6 billion rubles (+ 14%, or 34.6 billion rubles by 2021).

Tax and non-tax revenues were credited for 181.3 billion rubles (+15%). The income plan was fulfilled by 99.6%.

Expenses exceeded 295 billion rubles, 37 billion rubles more than planned.

The vice-premier noted that the federal budget support helped the region fulfill all its obligations. The republic received 97 billion rubles from the center, and 20 billion rubles were attracted in addition to the original plan. Another 662 million rubles came from the Housing and Public Utilities Reform Assistance Fund.

Bashkiria received an infrastructure budget loan of 7.4 billion rubles to implement large socially significant projects in 2022 - the complex residential development "South Gate" in Ufa and the integrated development of the territory of Neftekamsk.

The consolidated budget of Bashkiria in terms of income was executed in 329.6 billion rubles (+13.6%), in terms of expenses - 343.5 billion rubles (+14.9%).

Local budget revenues were executed in 151.1 billion rubles, including tax and non-tax revenues amounting to 49.7 billion rubles (+11.2%). Expenses amounted to 150.3 billion rubles (+16.6%)

“The republic was able to increase spending in 2022 significantly - the geopolitical situation and sanctions did not affect the fulfillment of the obligations assumed,” Lira Igtisamova commented to Bashinform News Agency.

Translated by:Tatyana Aksyutina
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