Irkutsk
Ulan-Ude

Blagoveshchensk
Chita
Yakutsk

Birobidzhan
Vladivostok
Khabarovsk

Magadan
Yuzhno-Sakhalinsk

Anadyr
Petropavlovsk-
Kamchatsky
Moscow

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Magadan Region: Results - 2014

EastRussia.ru continues the cycle of publications "The Far East - Results of 2014". Expert materials are published on tangible achievements and shortcomings in the development of the regions of the Far Eastern Federal District. The results of the year in Sakhalin Oblast, Khabarovsk и Primorsky Territory, Republic of Sakha (Yakutia), Kamchatka Territory и Chukotka Autonomous District и Jewish autonomous region. New publication is dedicated to The Magadan Region.

The budget of the Magadan region is marked by a noticeable deficit, which in October 2014 amounted to 24,6%. At the same time, plus the budget situation, the region did not manage to accumulate debts: its debt load following the results of 2013 amounted to 22,8%, which according to the current Russian standards is not high. However, the problem is that, having experienced a decrease in revenues due to the fall of federal transfers, the region could not cut its expenses, which, on the contrary, increased by almost 3%. This created a budget imbalance.

The regional authorities were forced to reduce the level of funding proper in the direction of "social policy" (various benefits, etc.), the costs of which were reduced by half. Therefore, according to the share of these expenses (9,6%), Magadan Oblast is among the outsiders of the Far Eastern Federal District. The situation with financing of the educational sphere is not the best, although it grew by 6,3%, and constitutes a large share of budget expenditures (22,5%). But on this indicator the region is again closer to outsiders of the Far Eastern Federal District. Among the lowest in the DFO are the costs per student and per child attending kindergarten.

As for the new investment projects that can be supported by the Minsk region, the Magadan region is expected to be represented in them both by the commodity sector and the agro-industrial complex. The appearance of projects in the sphere of the agro-industrial complex should not be surprising, since a distant region with high food prices needs self-sufficiency in food. Therefore, as an area of ​​advanced development, he proposed the agro-industrial complex "Magadansky" in the territory of the former poultry farm "Severnaya": the project was supposed to be used for the development of pig production and greenhouse vegetable production (in addition, regional authorities help to expand production at the poultry farm "Dukchinskaya").

More in the section Regions.
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