SIMFEROPOL / AQMESCIT (QHA) -

The “Ministry of Finance” of the annexed Crimea developed a “draft law” on the budget for 2019, as well as for the planned period of 2020-2021, the “Head of the Ministry of Finance” Irina Kiviko reported during a meeting of the “Crimean government”.

The amount of income for the next year is planned in the amount of 187 billion rubles, of which - tax and non-tax revenues make up 42.9 billion.

97.4 billion rubles were allocated for subsidies.

According to Kiviko, non-repayable income is expected to increase by 8.3% compared with 2018. At the same time, tax and non-tax revenues in 2019 will increase by 3.4%.

Thus, taxes on incomes of individuals will amount to 19.4 billion rubles, income taxes - 6.7 billion rubles, another 1.8 billion will go to the “budget” for property tax.

The amount of expenses was also determined in the amount of 187 billion rubles, which is 7% higher than in 2018. The main expenses will go to the national economy - 97 billion rubles, education - 27.9 billion, health care - 12.9 billion, social policy - 25.3 billion, housing and communal services - 11.5 billion, culture - 4.3 billion, nationwide issues - 4.3 billion, national security - 1.1 billion.

Kiviko stressed that the budget for 2020 was laid in the amount of 182.6 billion rubles, and for 2021 - 110.3 billion.
 
Previously, in December 2017, in the annexed Crimea, a law on the budget for 2018 was adopted. The deficit amounted to 2.5 billion rubles. Thus, the total budget revenues were determined at a amount of 172.2 billion rubles, and expenses - 174.7 billion. The authorities hoped that the deficit would be covered by the sale of shares in the sanatoriums "Dulber", "Mishor" and "Ai-Petri". In July 2018, these resorts were actually sold for 1.5 billion rubles.

The law also stipulated that non-exchange revenue to the Crimean budget from the Russian budget would amount to 131.1 billion rubles, which is 20% more than in 2017.

According to the data of the Ministry of Finance of Crimea, for the 7 months of 2018, the peninsula's budget revenues amounted to 89.1 billion rubles, of which 58.8 billion were non-repayable income.

Earlier, Kiviko declared that  he Crimea would not be able to do without subsidies from the Russian budget for ten years.

The so-called “First Deputy Minister of Economic Development” of Crimea, Andrey Kulik, said that the investment in the Crimean economy in 2018 amounted to 130 billion rubles, which is two times more than in 2017. At the same time, the bulk of the investment falls on private companies. According to him, the most funds in the Crimea are invested in the field of logistics and storage.
 
Source: RIA Krym

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