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Prime Minister held a meeting on budget execution and the general economic situation in the republic

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12.05.2020 20:30
Prime Minister held a meeting on budget execution and the general economic situation in the republic
Following the meeting, Alexander Ankvab instructed to establish interaction between the economic bloc of the Government in order to coordinate actions to anticipate possible adverse economic consequences.

Sukhum. 12 May. Apsnypress. Prime Minister of the Republic of Abkhazia, Alexander Ankvab, held a meeting with Deputy Prime Minister, Minister of Economics Kristina Ozgan and Deputy Prime Minister, Minister of Finance Vladimir Delba on budget execution and the general economic situation in the republic.
 
 Vladimir Delba said that in close and coordinated cooperation with the tax and customs departments, in the first ten days of May they managed to mobilize 80 million rubles in the form of tax and customs revenues. According to Delba, this is precisely what allowed us to begin the phased provision of financial assistance to local budgets for the payment of wages to public sector employees.
 
 Vladimir Delba noted that according to the instructions of the head of the Government, the Ministry of Finance is currently preparing for the next stage in the payment of wages to employees in the health and education sectors in the amount of 50 million rubles.
 
 Delba added that in connection with the current situation, inter-budget transfers (subsidies) were provided ahead of schedule to the Pension Fund of the Republic of Abkhazia and the budget of the Gagra region, based on the actual need for expenses.
 
 According to the Minister of Finance, the current tax debt for April increased by 157 million rubles.
 
 Currently, the Ministry of Finance is developing proposals to improve the efficiency of spending budget funds.
 
 In turn, Kristina Ozgan informed that the Ministry of Economics has begun to analyze the current situation in the sectors of the economy in order to identify changes in the structure of the economy caused by difficult socio-economic situation and development of measures to mobilize available resources.
 
 “We began to study the state of affairs on the implementation of Investment Programs for the period 2017-2019 and the program 2020-2022. We conduct a factor analysis of the financial condition of state-owned companies and enterprises of the republic in order to determine their financial situation and strengthen control measures, ” added Ozgan.
 
Following the meeting, Alexander Ankvab instructed to establish interaction between the economic bloc of the Government in order to coordinate actions to prevent possible adverse economic consequences.

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