In 2012 Chechnya transferred 10.3 billion rubles to the federal budget

Tax revenues from Chechnya in Russia's budget for the year 2012

increased by almost 5%, reaching figures of 10.3 billion rubles. This

was announced by Acting Head of the Federal Tax Service of Russia for

Chechnya, Movsar Tsamaev, who noted that the increase of 593.5 million

rubles contributed to the dynamic development of the economy of the

country.

"We fulfilled our tax revenue plan at 113.6%, an additional amount of

federal budget revenues amounted to 101.4 million rubles,"

Tsamaev said.

In addition, it is reported that the budget of the Chechen Republic

received 8.6 billion rubles, which is 1.1 billion  or 15.7% more than

in  2011, the press service of the head of the government of Chechnya says.