GV Karachay-Cherkessia adopted a balanced budget for 2016

On December 24, during the 19th session of the People's Assembly of Karachayevo-Cherkessia lawmakers we examined and adopted in the second and third readings of the final budget of the republic in 2016. Projected total revenues and expenditures of the republican budget in the amount determined 13 499 325.1 thousand. rubles. The adopted budget is balanced, the amount of socially significant spending obligations is about 80% of the total expenditure, the press service of the republic's leadership. Commenting on the adoption of the main financial document of the Karachaevo-Cherkessia, Minister of Finance Rustam Elkanov noted that the adopted budget is a socially significant, as in previous years. "All social obligations, we will perform. Such problems confronts us with the head of Karachay-Cherkessia Rashid Temrezov and federal leadership. If we have properly executed the budget revenues, we will further make changes in the direction of increasing the volume of social payments. Another difference from previous years - this year we have taken a balanced budget ", - said the minister. The press service added that the budget-2016 formed the basis of proposals received from citizens of the republic during the public hearings that were held in absentia form 20 to 26 November. Namely, provided subsidies for rural water supply in the framework of sub-program "Sustainable development of rural areas of Karachay-Cherkess Republic to 2020" state program "Development of agriculture of Karachaevo-Circassian Republic to 2020", in terms of co-financing the implementation of activities of the federal target program "Sustainable development of rural areas, 2014-2017 and for the period up to 2020", as well as an increase in budgetary allocations for the provision of certain categories of citizens of the state social assistance to provide medicines, medical devices.