Tatarstan ranks fourth in Russia for tax and non-tax revenue

Tatarstan's consolidated budget received 487 billion rubles in tax and non-tax revenue from January to September. Of this, 409 billion rubles went to the republic's budget and 78 billion rubles to local budgets. Finance Minister Marat Faizrakhmanov announced the figures at a republican meeting of financial, treasury and tax authorities.

Faizrakhmanov said Tatarstan ranked fourth among Russian regions by volume of mobilised tax and non-tax revenue and leads the Volga Federal District. Consolidated budget expenditures totalled 496.2 billion rubles, while the republic's budget spent 411.3 billion rubles. He said the budget balances and nine-month revenue allowed increased wages, with accruals, to be paid in full and on time.

Of the 97.9 billion rubles in federal budget funds allocated this year, 82.5 billion rubles (84%) had been spent over nine months. A further 15.4 billion rubles must be spent before the end of the year. Financing for national projects in Tatarstan totals 54.7 billion rubles, including 29.1 billion rubles from the federal budget, with 40.8 billion rubles spent so far.