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The Ministry of Finance of the Amur region is looking for ways to reduce the budget deficit
The Minister of Finance of the Amur Region, Tatyana Polovaikina, said at a working meeting with the governor that "the task of ensuring a balanced budget system came to the fore." Until 2013, the annual growth of tax and non-tax budget revenues reached 3-3,5 billion rubles. The existing budget deficit was supported by an increase in government debt. Now, due to the completion of large investment projects and economic problems, the flow of revenues to the regional budget has stopped at the level of 2012, and the resources for increasing expenditures from the state debt will be exhausted by 2015.
The Ministry of Finance has already proposed measures to solve the problem, including, for example, optimization of tax benefits, which in 2013 allowed to reduce their volume more than 3 times.
The press service of the Government of the region reports that a draft resolution has been prepared on amending the procedure for the formation of state programs. In accordance with the document, the list of main events will include tax concessions, tariffs, and government guarantees. To ensure that the regional budget expenditures are linked to their performance indicators, 1 of the Amur region programs was approved with 2014 in January of 13, and for the first time on their basis, the program budget for 2014-2016 was formed.