Reducing budget spending

Parliamentarians adopted amendments to the law on the republican budget-2022 in the second final reading today. Government of the Pridnestrovian Moldavian Republic on the basis of the forecast indicators of industrial production presented by the enterprises of the republic, taking into account changes in the foreign policy and foreign economic situation around Pridnestrovie

The forecast is pessimistic, they say in the Government. According to the enterprises of the republic, which they submitted to the Ministry of Economic Development, by the end of this year, industrial production is expected to decline by 14.7%, and exports by 17%. Ferrous metallurgy, mechanical engineering and light industry will be in the most vulnerable position. Calculations were made based on these figures to reduce the revenue side that as a result will lead to the need to reduce budget expenditures. Parliamentarians agree with this position. However, they opposed the early reduction of the revenue side of the consolidated budget, citing the current real indicators of the revenue side of the republican and local budgets as arguments.

Parliamentarians consider the issue of reducing the revenues of the consolidated budget to be premature. The deputies of the relevant Committee on Economic Policy when making such a decision noted that it is necessary to rely not only on forecast indicators, but also on the actual income received by the budgets of all levels.

The parliamentarian added in the meantime, by reducing budget expenditures in the country, not only a reserve has been formed, from which, if necessary, salaries and pensions will be paid, but additional funds are allocated for important items of expenditure. Parliamentarians allocated 10 million rubles for paving yards of kindergartens and schools of the republic with paving slabs by amendments to the law on the budget-2022. They will make a segment of the Grigoriopol bypass road and a segment in the Rybnitsa district. Repairs will begin on the footpath that leads to the beach on the Kuchurgan reservoir in Dnestrovsk in the near future. The roof in the kindergarten "Lastochka" in the Korzhevo microdistrict of Dubossary will be repaired and a section of the water supply system will be built in the Rybnitsa district by the end of the year.