The Ministry of Economy of the Republic of Tatarstan presented a forecast for the socioeconomic development of Tatarstan for 2026-2028
Last week, Oleg Pelevin, First Deputy Minister of Economy of the Republic of Tatarstan, made a presentation at a video conference meeting to discuss the draft law "On the Budget of the Republic of Tatarstan for 2026 and for the planning period of 2027 and 2028."
As part of his speech, Oleg Pelevin presented the key parameters of the forecast of the socio-economic development of the republic for the upcoming three-year period. Special attention was paid to such important indicators as the dynamics of the gross regional product, industrial production, investment activity and the projected income level of the population.
In his report, the first deputy minister noted that, taking into account the ongoing projects and the increase in industrial production, growth in agriculture and maintaining positive dynamics in the consumer market, the growth of the gross regional product of the republic by the end of 2025 is estimated at 102.4%. In 2026-2028, the gross regional product of the republic is projected at 102.1-102.4%.
The most important factors in meeting the forecast indicators are ensuring the smooth operation of enterprises and their further development, taking into account the implementation of investment projects, the expansion of sales markets, including through access to new international markets, technological development and increased labor productivity.
Taking into account the implementation of the enterprises' plans, the industrial production index is projected at 101.7-102.2%.
The growth rate of construction works is projected to be 100.8-101.5%.
According to the forecast, agricultural production in 2026 will amount to 101.5%. In 2027-2028, the growth rate of agricultural products according to the sectoral state program is planned at the level of 101.5-101.7%.
Moderate growth in consumer activity is expected to continue in the forecast period. Retail trade turnover in the context of rising household incomes, slowing inflation, as well as the planned increase in tourist flow is projected at 102.8-103.1%.
Oleg Pelevin noted that one of the main factors in ensuring the forecast of socio-economic development is the implementation of investment projects. The volume of investments in fixed assets in 2025 is estimated at 1 trillion 605 billion rubles, or 103.8%. The growth rate of investments in fixed assets in 2026-2028 is projected at 100.8-102.6%.