Putin blasts Lithuania’s ‘idiotic conclusion’ about Russian judges being threat to VilniusRussian Politics & Diplomacy December 06, 16:38
Court refuses to summon Chechen leader Kadyrov for questioning in Nemtsov murder caseRussian Politics & Diplomacy December 06, 16:00
Spain becomes most popular foreign destination for Russian touristsSociety & Culture December 06, 15:52
Putin urges to prevent erosion of Russian ConstitutionRussian Politics & Diplomacy December 06, 15:40
Alexander Van der Bellen wins presidential election in AustriaWorld December 06, 15:33
Nurses killed in Aleppo hospital attack to be buried with military honorsWorld December 06, 15:26
Putin says Russia’s legal framework changes too quicklyRussian Politics & Diplomacy December 06, 15:10
Syrian authorities rule out ceasefire if militants refuse to leave Aleppo — ministryWorld December 06, 14:55
Turkish PM praises Moscow, Ankara efforts in fight against terrorismWorld December 06, 14:36
MOSCOW, September 26. /TASS/. Russia should eliminate disproportions in distribution of budget funds between regions, President Vladimir Putin said on Monday.
He set this task speaking at a meeting on improvement of inter-budgetary relations.
According to him, disproportions in provision of regions with budgetary funds are evident.
"A big gap is marked in budget revenues of constituent territories of the federation [regions - TASS], and therefore in wages, volume of financing of social and infrastructure projects. We need to find solutions how to smooth imbalances and to allow the regions to strengthen their financial base," Putin said.
The Russian president also urged "improvement of the mechanisms of support to the regions from the federal budget."
Putin pointed out that the regions should have the financial means to carry out tasks they were given.
"The quality of life of people, growth of their income, improvement of social services, infrastructure are directly dependent on the condition of budgets of the regions, municipalities. And, of course, the authorities of the regions, local self-government must be supported by appropriate financial resources," the President said.
In general, according to the head of state, the regions should be encouraged to develop their economic potentials, use their competitive advantages, improve investment and business climate.
Putin also said that without smoothing the difference in incomes of various regions it would be difficult to settle their debts.
"For historical reasons, Russian regions have very different possibilities in terms of their budgetary security and in terms of solving the issues they are facing. Tasks are same everywhere, but financial possibilities, sources of financing, mainly local sources are very different," Putin said at the meeting.