Social spending will not be reduced in Bashkiria - Government RB

Elvira Latypova

The share of social spending in total expenditures of the consolidated budget of Bashkortostan amounted to 73 percent in 2013. Despite significant budget deficit, social spending will not be reduced, the President of Bashkortostan Rustem Khamitov said at the Government RB session on Wednesday.

According to the Ministry of Finance RB, the consolidated revenues of the republic developed in the sum of 154 billion rubles, expenditures - 171.5 billion rubles. Thus, the deficit amounted to 17.5 billion rubles.

#spending #budget deficit

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