FBK Makes Research of Regional Budgets
OREANDA-NEWS. December 15, 2009. In overwhelming majority of budgets of the RF constituent entities that have been accepted or are being considered for 2010 it is provided that expenses exceed income (deficit). This is confirmed by results of sampling research conducted by FBK, reported the press-centre of FBK.
So, among 13 regions-donors of the federal budget, in the following year only Samara Region and Yamalo-Nenets Autonomous District will have regional budgets without deficit. According to Igor Nikolaev, Director of the Strategic Analysis Department, the biggest deficit of regional budget in percentage terms, within this group, is planned in Vologda Region: 28% (deficit of budgets is calculated from amount of income without gratuitous receipts). Then it is followed by Tatarstan (24,2%) and Perm Region (22,6%). Igor Nikolaev notes that budget of oil Kahnty- Mansi Autonomous District (6,5%) and Moscow (12,6%) will also be deficient. As a result deficit of total budget of regions-donors (without Leningrad and Tymen regions) in 2010 will be 11,1%.
As for budgets of regions-recipients, the scatter looks the following way: the biggest deficit in 2010 is planned in Sakhalin Region: 29%. (Slightly less: 24,3% is budget deficit of Murmansk Region). In Krasnodar Region, however, it is expected that income will exceed expenses. “Proficit of the regional budget can be up to 1%, which is, definitely, an exceptional case”, notes Igor Nikolaev. Generally, according to Igor Nikolaev, deficit of budget in the group of regions-recipients is at the border of 10-15%.
According to results of research FBK specialists draw attention to the fact that in 2010 deficit of budgets of a number of RF constituent entities will exceed limits set by the RF Budget Code (article 92.1). “This puts regions in position of violators under the same very Budget Code (article 283) and can become reason for applying to them measures of enforcement”, notes Igor Nikolaev.
Besides, the research has shown that regions-donors show the most considerable growth of deficit. This means that this is where financial stability decreases most rapidly.
Another conclusion of researchers is: “High deficit showings of the RF constituent entities are evidence of reserved estimate of prospects of economic growth in 2010 as well as of risk of deficit strengthening in 2011 while the Federal budget is getting to the end of the year”.
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