The budget deficit of the Crimea will rise

© RIA Novosti / Sergey Mangalapura in Votorantim in the Crimea. Archive photoThe budget deficit of the Crimea will rise© RIA Novosti / Sergey Mangalapura the image Bank

The Parliament of Crimea agreed on the increase of the budget deficit for 2018, increasing expenditure on 687 million rubles, the funds will be sent to the authorised capital of the unitary enterprise «Chernomorneftegaz», for payments to depositors of Ukrainian banks and income to the road Fund.

A bill to amend the expenditure budget for 2018 and increase the budget deficit was made head of the Republic. Earlier, the deputies agreed to increase the expenditure part of the budget of 255 million, which will be used to pay benefits on the birth of their first child.

«Listen to the bill changes the setting of the budget… the increase in the budget deficit of the Republic of Crimea to 687 million rubles,» — said during the meeting, the speaker of the state Council Vladimir Konstantinov.

These 687 million rubles will increase the expenditure part of the Republican budget, said Konstantinov, they are remnants of own funds at 1 January 2018. On the proposal of the government of the Republic, these funds will be allocated to increase the authorized capital of the unitary enterprise «Chernomorneftegaz» (487,7 million), repayment of money to depositors (over 18 million), contributions to the road Fund (181,2 million).

The bill adopted by the deputies unanimously.

Thus, the budget deficit of the Crimea on 2018 decision of the Parliament increased to 3,187 billion. Previously approved the budget deficit of the Crimea in 2018 amounted to 2.5 billion rubles. The authorities plan to cover the deficit on account of the sale of three resorts on the coast, said to RIA Novosti, the Minister of Finance of Crimea Irina Kiviko.

Source