The PMR Supreme Council is preparing to adopt the law-in-draft "On the Republican Budget for 2025" in the first reading

Deputies of the Committee on Economic Policy, Budget and Finance, invited representatives of the Government and the Supreme Council deputies at a meeting of the relevant Committee on October 31 considered in the first reading the draft law "On the Republican Budget for 2025" and the draft law "On the Budget of the Unified State Social Insurance Fund for 2025".

All parliamentary Committees of the Supreme Council of the Pridnestrovian Moldavian Republic studied the law-in-draft "On the Republican Budget for 2025" submitted by the Government and issued their conclusions. The deputy corps considers in the first reading the main characteristics of the consolidated, republican and local budgets. This is the total size, volume of income and expenses, deficit and sources of covering the budget deficit, total amounts of expenses for targeted state programs and for the program of voters' orders. Simultaneously with the adoption of the law on the republican budget, the law-in-draft "On the Budget of the Unified State Social Insurance Fund of the Pridnestrovian Moldavian Republic for 2025" is considered in the first reading.

Consolidated budget

According to the law-in-draft on the republican budget for 2025, the consolidated budget revenues for 2025 are projected to be 3 billion 755 million 964 thousand rubles, which is 1.67% more than the planned indicators for 2024. The sources of income are primarily tax revenues, which were calculated based on macroeconomic indicators and on forecasts for the income of business entities, taxes on the results of the activities of individual entrepreneurs and personal income tax. Non-tax revenues generated on the basis of calculations of the relevant state authorities and administration bodies and income from entrepreneurial activities are included in the consolidated budget revenues.

The main principle in forming the parameters of the consolidated budget expenditures for 2025 was to ensure a balance between the republican and local budgets. The maximum amount of consolidated budget expenditures for 2025 in the draft law is set at 6 billion 815 million 733.5 thousand rubles, which is 4.37% less than in 2024. More than 5 billion rubles among them are expenditures of the republican budget and about 2 billion are expenditures of local budgets (excluding targeted subsidies).

The Ministry of Finance noted that in accordance with the provisions of the Concept of Budget and Tax Policy of the PMR for 2024 and the medium term, given the complexity of the current foreign policy and foreign economic situation and the related indicators of shortfalls in the revenue side of the budget, the increase in current government expenditures is limited.

Republican budget

According to the law-in-draft "On the Republican Budget for 2025", the revenues of the republican budget for 2025 are projected to be 2 billion 182 million 271 thousand rubles. The main types of income sources are tax revenues, non-tax revenues and revenues of target budget funds.

Expenses are planned at the level of 5 billion 242 million 041.2 thousand rubles. As Finance Minister Alena Ruskevich noted in the course of the meeting of the Committee on Economic Policy, presenting the law-in-draft, the main financial document in 2025 will retain its social focus. The share of socially protected items makes up the largest part - 67% (3 billion 508 million 765.2 thousand rubles) in the expenditure part of the 2025 republican budget, 62% of which are expenses on wages for public sector employees. Thus, the state guarantees the population timely and full payment of wages, scholarships, pensions, and benefits.

Utility tariffs in 2025 for the population will remain at the same level. The state will continue to compensate natural monopoly enterprises for the difference between tariffs for the population and economically justified tariffs for housing and communal services. 280 million rubles have been allocated for this in the budget.

The state will continue to finance education, healthcare, and social protection. For example, almost 41.6 million rubles have been allocated for the treatment of patients abroad, 64.1 million rubles for the payment of benefits to citizens with children, almost 108 million rubles will be allocated from the republican budget for the purchase of medical and pharmaceutical products, and the funding for the cost item for providing consultations with specialists and diagnostics to children in private clinics in the Pridnestrovian Moldavian Republic will be maintained (2 million rubles), the amount of funding for providing rehabilitation facilities for disabled people of group 1 has been increased to 13.6 million rubles. About 20 state target programs have been adopted and are in effect in Pridnestrovie. About 40 million rubles are planned for the implementation of state target programs in the field of healthcare in the budget for 2025, about 18 million will be allocated to finance target state programs in the field of social policy, 61 residential premises will be purchased for orphans. The size of the Capital Investment Fund for next year is 250 million rubles, the Road Fund – 274 million rubles. The draft budget includes funds for the implementation of measures for the melioration complex development fund, for the entrepreneurship development fund, for agricultural support, and for providing housing for young families working in the public sector. The total amount of funding for targeted budget funds is 657 million rubles. Finance Minister Alena Ruskevich emphasized that due to the reduction in budget capacity, the total amount of expenditure has been cut by 25% compared to the current year. The government proposed reducing the amount of funding for other expenses not classified as socially protected, as well as reducing the parameters of local budgets and funding for a number of state programs and some targeted funds. When discussing these areas, deputies emphasized that reducing funding for some state programs, such as melioration development, will slow down the increase in the area of ​​irrigated land, which will negatively affect the development of agriculture. The deputy of the Committee on Agro-Industrial Complex proposed to return the funding of the Fund for Providing State Guarantees to Citizens Entitled to a Land Share, which the draft law on the republican budget for 2025 proposes to redirect to other expenditure items. According to these and other amendments that were discussed at the meeting of the Committee on Economic Policy, the decision will be made by the deputy corps at a plenary session of the Supreme Council of the PMR. The consideration in the first reading of the law-in-draft "On the republican budget for 2025" and the law-in-draft "On the budget of the PMR Unified State Social Insurance Fund" by the Supreme Council of the Pridnestrovian Moldavian Republic is scheduled for November 6.