Total budget revenues increased by 100 billion rubles in Bashkiria

In Bashkiria, gratuitous federal revenues have increased by 30 billion rubles since 2019, and own incomes by 69 billion rubles. During the announcement of the report on the work of the republic government in 2023 before the State Assembly of the Republic of the seventh convocation, Prime Minister of Bashkortostan Andrey Nazarov they were told that total revenues had increased by almost 100 billion rubles.

“This made it possible to direct additional resources to the republic's development. Budget expenditures for this period increased proportionally – by 100 billion rubles. At the same time, the social component consistently accounts for over 70% of all expenses. To enter the promising and fast-growing Islamic finance market and expand our investment opportunities, we were among the first four regions to participate in the “pilot” to introduce partnership financing. Just a month ago, an Islamic office of Sberbank was opened,” said the Prime Minister.

Author: Azat Gizzatullin