On holding parliamentary hearings on the draft of the Republic of Tatarstan "On the budget of the Republic of Tatarstan for 2025 and for the planning period of 2026 and 2027"
On October 2, 2024, the State Council of the Republic of Tatarstan held parliamentary hearings on the draft of the Republic of Tatarstan "On the budget of the Republic of Tatarstan for 2025 and for the planning period of 2026 and 2027".
Deputy Prime Minister - Minister of Economy of the Republic of Tatarstan Midkhat Shagiakhmetov made a report on the Forecast of socio-economic development of the Republic of Tatarstan for 2025-2027, which is the economic basis for the formation of the draft budget of the Republic of Tatarstan.
"The forecast is formed taking into account external and internal factors of economic development and ensuring the implementation of the national development goals of the country and the tasks set by the Head of the Republic within the framework of the Address.
In the face of unprecedented sanctions and current restrictions, enterprises and organizations of the republic continue to develop their production facilities, maintain high investment activity, rebuild logistics and sales markets, and implement import substitution projects.
The operational Headquarters of the republic has organized coordinated work with enterprises to ensure socio-economic stability and economic development, their participation in support measures," Midhat Shagiakhmetov stressed.
The gross regional product in 2025 is projected at 102.9% in comparable prices to the previous year, in 2026 – 102.6%, in 2027 – 102.7%.
Taking into account the implementation of enterprises' plans, the industrial production index is projected to reach 103.1% in 2025, 102.3% in 2026, and 102.5% in 2027.
Agricultural production in 2025, according to the forecast, will amount to 100.8% in comparable prices to the level of the current year. In 2026-2027, the growth rate of agricultural products according to the sectoral state program is envisaged at the level of 101.3%.
In the forecast period, it is planned to increase consumer activity. Retail trade turnover is projected at the level of 103.1-103.6%.
The volume of construction work is projected at the level of 102.0-104.0%, taking into account the planned volumes in housing, industrial and infrastructure construction. The forecast in housing construction provides for the commissioning of 9.4 million square meters of housing in 2025-2027.
The implementation of investment projects is one of the main factors in ensuring the forecast of socio-economic development. In 2025-2027, it is planned to attract investments in fixed assets in the amount of 4.9 trillion rubles to the economy and social sphere of the republic.