Sverdlovsk Region deputies adopt local budget for 2007

8 December 2006 (11:42)

The regional House of Representatives adopted the budget of Sverdlovsk Region for 2007. According to the Minister of Finances Maria Serova, the profits amounted to almost 100bn RUR.

Sverdlovsk Region budget is to get 63bn RUR in the form of the region’s own profits and 78bn RUR from the federal sources, with consolidated budget coming to 99bn RUR. 46% will be used to cover the social welfare expenditures, 12% will be invested in the region’s economy, and 29% will be used for inter-budgetary transfers.

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