Currency converter
All news
News Search Topics
Use filter
You can filter your feed,
by choosing only interesting

Moscow Region budget revenue to exceed Rub 400 bln in 2013

October 25, 2012, 17:42 UTC+3

Members of the Moscow Region Duma approved the regional Law “On the Moscow Region 2013 Budget” in the final reading

1 pages in this article

MOSCOW, October 25 (Itar-Tass) — Revenues of the consolidated budget of the Moscow Region in 2013 will amount to 407.6 billion roubles. They will decline by 7.1 billion roubles (2 percent), compared with 2012. Members of the Moscow Region Duma on Thursday approved the regional Law “On the Moscow Region 2013 Budget” in the final reading.

According to the region’s Finance Minister Tatyana Krikunova, “The tax and non-tax revenues are estimated to reach 383 billion roubles, an increase by more than 20 billion roubles, or 5.6 percent.” In the own income structure, she noted, tax revenues, which will make up 356.2 billion roubles, prevail. The personal income tax is to bring to the regional budget 145 billion roubles, and the profit tax - 97 billion roubles. Proceeds from the land tax will amount to 15 billion roubles, that is, they will increase by 2.6 billion roubles.

The regional budget revenues are projected at 286.2 billion roubles, which is by 24.6 billion roubles (7.9 percent) below the level of 2012. The reduction of revenues is linked with the transfer of the regional lands to Moscow. The region’s government head, vice governor of the region Andrei Sharov said earlier that “it means to us the loss of tax revenues worth at least 22 billion roubles annually.” Sharov hopes that during the execution of the budget in the next year the region will be able to obtain additional revenues of 30-35 billion roubles.

The regional budget expenditures are projected in the amount of 302.8 billion roubles, with a decrease by 18.4 billion (5.7 percent against the current year).

More than 70 percent of the budget funds will be spent on the social and cultural sphere – by 2 percent more than in the current year. Payroll costs in the regional budget will amount to 93 billion roubles. The spending on social support will amount to 58.1 billion roubles, on healthcare - 58.8 billion roubles (an increase by 2.4 billion).

The Moscow Regional budget deficit is projected at 16.6 billion roubles. Krikunova explained that it will remain at the level of 2012.

The budget of the Moscow Region, along with the budget of St. Petersburg, is the largest in the Russian Federation after the budget of Moscow. The regional authorities plan to bring it to the level of 1 billion roubles in five years.


Show more
In other media
Partner News