Dagestan adopts budget for 2015

On December 25 deputies of the National Assembly of Dagestan in the final third reading adopted the budget of the Republic in 2015 and the planning period 2016-2017. 75 deputies voted for the document, 5 MPs voted against, one abstained.

The budget deficit for 2015 will be almost 2.5 billion rubles.

Finance Minister Ali Islamov said that next year the budget will be tight but realistic. He added that the deficit had previously been projected at more than 4 billion rubles, but after some adjustments has been reduced to 2 billion 429 million rubles. It is below 10%, and does not contradict budget legislation, yuga.ru reports.