Expert: share of Federal transfers in regional development in Russia is about 20%

KRASNOYARSK, April 21. /TASS/. The share of Federal transfers in support of regional development in the Russian Federation is about 20%, roughly 1/5 of the regional expenditure commitments. About this informed the head of “Spatial development”, Centre for strategic research Oleksiy Festive.

“If we talk in General about the share of Federal transfers in support of regional development, in General, in Russia this figure is 20%, 1/5 regional expenditure obligations”, – he said during the round table “New regional policy”.

He noted that in the world the share of unconditional grants to ensure alignment of the regions starts from 60%, in Russia this figure was higher, but in recent years the share of subsidies began to shrink, and the share of subsidies and other financial instruments began to increase, which leads to imbalance . Therefore, according to the expert, it is necessary to increase the proportion of grants for equalization of the overall system transfer a minimum of 60%, which will ensure the stability and sustainability of the system of interbudgetary relations.

In addition, certain Holidays, at present, the amount of subsidy to the regions is great and even professionals find it hard to understand what goals are set before these subsidies. “It is therefore important to reduce subsidies and to move from control over their costs to monitor the achievements of results,” – said the expert. It is necessary to begin to transfer part of the subsidies in competitive mechanisms, their number should be reduced considerably, while the subsidies it is important to Orient to the goals of socio-economic development.

Krasnoyarsk economic forum will be held from 20 to 22 April. His main subject is “the Russian economy: agenda 2017-2025”. TASS is the strategic partner of the forum.

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