The growth of gross regional product of the Vladimir region in 2018 may reach 6.1%

© Fotolia / sdecoretГрафик. Archival photoThe growth of gross regional product of the Vladimir region in 2018 may reach 6.1%© Fotolia / sdecoret

The growth of the gross regional product of the Vladimir region in 2018, according to government projections, may be 106,1% as compared to 2017, told RIA Novosti the representative of the press service of the Legislative Assembly of the region.
The Deputy corps continues work on the draft budget for 2018 and planning for the period 2019-2020.

«In accordance with the forecast, the growth rate of the gross regional product in 2018 will be 106,1%, investment amounts to 101,5%, profit organizations of 107.4%, payroll — 104,3%», — quotes words of the representative of the Committee on budget and tax policy, the press service of the regional Parliament.

The same source reported that in 2018 will still have all provided investors with privileges and preferences. Furthermore, they expand due to a significant reduction in tax rates on profits from 17% to 10% for participants of regional investment projects and up to 5% for members of special investment contracts. Also preserved benefits for the transportation tax agricultural producers in the goods vehicles and buses.

As previously reported, the income of Vladimir region in 2018, according to the forecast of the government of region, amount of 49.7 billion, expenses — to 51.6 billion. Thus, the budget deficit will amount to 1.9 billion rubles. Recall that the main task in designing the budget of the region for the next three years remains the reduction of its deficit.

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