Thursday, August 17, 2017

Sverdlovsk region approves 2014 budget

On Tuesday, the Sverdlovsk regional legislative assembly approved the 2014 regional budget, allowing for $4.97 million in revenues and $5.74 million in expenditures.

"Practically every consideration of the bill is accompanied by discussion," Legislative Assembly Chair Lyudmila Grandma said, according to Oblastnaya Gazeta. "Thirty deputies [worked] as part of a reconciliation commission [to] examine in detail every item in the budget."

Legislative Assembly Vice-Speaker Helena Chyechunova said the primary strength of the 2014 regional budget deals with the strategic approach it takes to provide important funding to regional municipalities while accounting for a decrease in regional income.

"The main thing - it takes into account the means to protect social interests of the people," Legislative Assembly Deputy Sergey Nikonov said, Oblastnaya Gazeta reports.