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Kamchatka budget will lose about 8 billion rubles due to a pandemic
The regional budget of the Kamchatka Territory may lose about eight billion rubles due to a pandemic. However, this is less than predicted in March 2020.
According to the press service of the regional government, at the beginning of the pandemic, the regional authorities estimated budget losses at 12 billion rubles. However, according to the interim deputy chairman Dmitry Korostelev, Kamchatka will lose less due to additional financial support from the federal budget.
Today, the region’s budget losses amounted to 1,8 billion rubles. Most of all, revenues from income taxes and personal incomes decreased. At the same time, the regional budget as a whole showed stability in terms of additional costs. A reserve of 1,4 billion rubles has been created in Kamchatka, money is now being sent to the operational deployment of additional beds for patients with coronavirus, the purchase of medical equipment and medicines.