Print this page

ABKHAZ-RUSSIAN SOCIO-ECONOMIC COOPERATION WAS DISCUSSED IN THE CABINET OF MINISTERS

Wednesday, 23 March 2022 12:52 359

Sukhum. March 10, 2022. Apsnypress. The joint meeting was held by Prime Minister Alexander Ankvab and Deputy Minister of Economic Development of Russia Dmitry Volvach, who heads the Russian delegation. The Abkhaz side was attended by Deputy Prime Minister, Minister of Economy Christian Ozgan, Deputy Prime Minister, Minister of Finance Vladimir Delba, the leadership of Chernomorenergo and the Capital Construction Department.

According to the press service of the Cabinet of Ministers of the Republic of Abkhazia, the parties discussed the following issues:

the implementation of the Investment Programs for the Promotion of the Social and Economic Development of the Republic of Abkhazia in 2021,

the provision of financial assistance in 2022 for the purposes of socio-economic development,

the implementation of agreements concluded in the development of the Treaty on Alliance and strategic partnership.

In 2022, it is planned to complete the Investment Program for 2020-2022 for 26 events and for 3 events of the Investment Program for 2017-2019.

In order to effectively implement the Investment Programs, to prevent the remnants of undisbursed funds, the Abkhaz side proposed to amend the procedure for determining the estimated cost when developing the relevant documentation for facilities financed under the Investment Programs for the Promotion of the Social and Economic Development of the Republic of Abkhazia, which will take into account the actual costs necessary for the construction, reconstruction or overhaul of facilities. A corresponding proposal has already been sent to the Russian side.

The current situation with a constant rise in prices creates risks of an increase in the cost of the estimated objects cost, the completion of which is planned for the current year. In this regard, the mechanism proposed by the Abkhaz side will make it possible to make decisions promptly.

The meeting discussed the preparation of bilateral documents aimed at:

increasing the wages of public sector employees;

implementation of budget investments and support of investment activities within the framework of the Investment Program;

support for the system of lending to small businesses;

support for projects in the field of agriculture and industry;

implementation of the concessional lending program;

creation of a tax administration system;

creation of a tax administration system using cadastral valuation.

Based on a common understanding of the situation and the intention to build a more effective system for managing the implementation of measures within the framework of financial assistance provided by the Russian Federation, the parties agreed to work out problematic issues.

Special attention was paid to the energy supply of the republic.