September 24, 2009

The Okrug Governor’s press-service informs:

The basic trends of tax, budgetary and debt policy of Ugra till 2012 were considered by the members of the Autonomous Okrug Government Presidium.

Based on the information of the director of the Okrug Department for Economic Policy Lyubov Semeshko, the changes pf the Okrug tax legislation in 2009 were connected with the introduction of new privileges, differentiated rates of compulsory payments, paid in accordance with the simplified system of taxation. The undertaken measures promote to  mobility of revenues of the okrug budget, and aimed at maximal tax payments from companies, involved in crude oil and natural gas production and also which provide services in these industries.

While the formation of the mid-term regional tax policy till 2012 such parameters as possible decrease of the budget system revenues, complicated financial situation, transition to insurance principles of the pension system and increase of payments were taken into account.

One of the priority avenues in economy of the Autonomous Okrug is the development of tourism in the region. It depends on the formed hotel infrastructure – a factor which determines scopes of inbound tourism. Therefore privileges will be given to companies involved in hotel business, Hotels will be released from the property tax payment by 50 %.

To diversify the economy of the region, regulate quality and quantity parameters of the reproduction and also development of small and middle business the conditions of granting privileges for investment projects will change.

Governor of Ugra Alexander Filipenko said that the to encourage effective work of enterprises – an effective measure for Ugra economy development.

The members of the Presidium considered the key parameters of the draft budget of the Autonomous Okrug for 2010 and for the planned period of 2011 and 2012. It is based on the conservative option of economy development and calculated taking into account the real situation in Ugra. Nadezhda Boiko, Director of the Finances Department said about that. “Revenues and expenses of the Autonomous Okrug budget will achieve the “pre-crisis” level of 2008. But the expected scope of revenues will provide the implementation of acting and adopted social priority obligations. In 2010-2012 in spite of the preserved tendencies when expenses exceed revenues, the deficit of the budget is expected to be reduced from 40 % in 2009 to 15,9 %  in 2010 and 8 % by 2012. The basic sources will become money from shares sale and other forms of participation in capital within the property of the Autonomous Okrug and also financial reserve, formed this year”.

The debt policy of the region is aimed at providing the well-balanced budget.