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Increased funding for major investment projects in Chukotka - EastRussia | Far East

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Chukotka increased funding for the largest investment projects

The governor of the Chukotka Autonomous Region, Roman Kopin, introduced a draft law on the district budget for the next three years. Taking into account the federal budget funds envisaged for the implementation of investment projects, its structure has changed - more than a third of the entire budget will be directed to the development of the national economy, mainly to the fuel and energy complex and utilities.

According to the press service of the government of Chukotka, in the 2019 year the region’s revenues are projected at the level of 40,2 billion rubles, for the 2020-2021 year - 68,1 billion rubles. A significant increase is due to the receipt of money from the federal budget: 16,8 billion rubles for the construction of an energy source in Bilibino, VL Omsukchan - PP - Peschanka, as well as the highway Kolyma - Omsukchan - Omolon - Anadyr. Own revenues for the next year are going to increase mainly due to taxes on personal income and mining.

Most of the costs - 23% - will be directed to the social sphere. expenses. In 2019, the Chukotka authorities plan, on average, by 5% to increase the salary level of public sector employees. Also in Chukotka, support measures for certain categories of citizens and the size of the regional maternity capital will be indexed. In support of the family and children it is planned to send 5,3 billion rubles annually.