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Money for forums and festivals will be used to support business in Buryatia

Money for forums and festivals will be used to support business in Buryatia
Photo: pixabay.com

The authorities of Buryatia redistributed part of the funds of the republican budget. The costs of forums, festivals, concerts, as well as automation of the budget process were reduced. The money will be used to support a business affected by coronavirus restrictions. 

According to the press service of the government of the republic, tangible changes have been made in the financing of the “Small and Medium Business” subprogram. For subsidies to SMEs, an additional 100 million rubles will be allocated, which the government promises will be easier to obtain. The subsidies will be used to provide guarantees and microloans to small and medium-sized businesses.  

Such a redistribution of budget funds was previously enshrined in one of three business support packages... The authorities of Buryatia are planning to reimburse tour operators for 80% of the cost of renting premises; tenants of municipal and state property will be exempted from rent payments. Private kindergartens will be given subsidies.
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