Yakutia Finance Ministry: Socially Important Funding to Be Clarified by Second Reading

Yakutia Finance Ministry: Socially Important Funding to Be Clarified by Second Reading
Photo: YSIA

Acting Finance Minister of Yakutia Ivan Alekseyev said the republic's draft budget for 2027 and the planning period is still under discussion and is not final. Funds will be mandatorily redistributed and included in the republic's budget by the second reading, once updated data on federal transfers is received.

Alekseyev said the process reflects budget procedures and the need to wait for confirmation of federal funds, describing the document under consideration as a working, preliminary draft in a multi-stage process. Air connectivity is a major focus: 565.1 million rubles were allocated in 2026 for subsidising socially significant interregional and intra-ulus flights, but the 2027 transport programme includes no such funds in the first reading and the document will be refined by the second reading. For housing for orphans, 549.3 million rubles were provided in 2026, including 175.5 million rubles from the federal budget and 373.8 million from the republican budget. The government continues working with the federal centre to confirm funding.

Follow us on Telegram @weareturks_news_en

This story was automatically summarised and translated from YSIA. All rights to the story belong to its source.

Related news

Uzbekistan
Economy

Uzbekistan and World Bank discuss attracting investment

Uzbekistan and the World Bank Group discussed prospects for economic growth, attracting private investment and creating new jobs. The talks took place on 16 October in Bangkok, where Deputy Prime Minister and Minister of Economy and Finance Jamshid Kuchkarov met World Bank Group President Ajay Banga. The meeting was held on the sidelines of the annual meetings of the International Monetary Fund and the World Bank, according to the Information Service and Communications Department of Uzbekistan's Ministry of Economy and Finance.

UzDaily
Uzbekistan
Economy

Uzbekistan and IFC discuss transport and energy projects

Uzbekistan and the International Finance Corporation (IFC) discussed cooperation in infrastructure, energy, water management and private sector development. The meeting between Deputy Prime Minister and Minister of Economy and Finance Jamshid Kuchkarov and IFC Regional Vice President for the Middle East and Central Asia Imad Fakhoury took place on 15 October 2026 in Bangkok, on the sidelines of the IMF and World Bank annual meetings.

UzDaily
Azerbaijan
Economy

Uzbekistan, AIIB explore transport, energy and water projects

Uzbekistan and the Asian Infrastructure Investment Bank (AIIB) discussed expanding cooperation on road and railway networks, logistics corridors, energy infrastructure and water systems during a meeting in Bangkok on October 15. According to a statement from the Uzbekistan Ministry of Economy and Finance, Deputy Prime Minister and Minister of Economy and Finance Jamshid Kuchkarov met AIIB President Zou Jiayi on the sidelines of the annual meetings of the International Monetary Fund and the World Bank Group.

Trend
Follow us on Telegram