12 October 2017, 11:40
Dagestan and Chechnya among five highly subsidized regions
In 2018, five recipients of the largest budgetary subsidies from the Russian Ministry of Finance, including Dagestan and Chechnya, will receive up to 30% of the total amount of allocated money. This conclusion can be drawn from the materials to a draft of federal budget for 2018-2020.
In total, in 2018, the federal centre plans to allocate 645.1 billion roubles, i.e., 5% more than in 2017, for subsidies to equalize the budgetary provision of regions.
For the third year in a row, Dagestan will be the largest recipient of subsidies: the republic is to receive more than 59.06 billion roubles, i.e., 6.6 billion roubles more than in 2017. Chechnya is to receive 27.08 billion roubles.
In addition to those regions, the top five most highly subsidized regions include Yakutia (43.94 billion roubles), the Kamchatka Territory (39.36 billion roubles), and the Altai Territory (27.13 billion roubles). Besides, two more republics of the North Caucasus Ingushetia (9.2 billion roubles) and Karachay-Cherkessia (9.1 billion roubles) are also among the recipients of the largest budgetary subsidies, the RBC reported on October 11.
Full text of the article is available on the Russian page of 24/7 Internet agency ‘Caucasian Knot’.