Dagestan Ends 2025 with 36% Growth in Budget Revenues
to formalize informal economic activity were reviewed.The consolidated republican budget received tax and non-tax revenues exceeding RUB 90 billion
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to formalize informal economic activity were reviewed.The consolidated republican budget received tax and non-tax revenues exceeding RUB 90 billion
This increase reflects robust fiscal performance, with tax revenues reaching RUB 47.7 billion (101.1% of plan) and non-tax revenues soaring
Benefits include a streamlined approval process and full exemption from corporate property tax—valid for seven years for projects over 5 billion ruble...
over RUB 1 billion by the end of 2025.
The total projected investment for the project, as estimated by Agency for Entrepreneurship and Investments of the Republic, stands at RUB 9.4 billion...
The Republic of Dagestan has successfully attracted over RUB 37.2 billion in investments for large-scale projects.
Notably, online food sales surged by 71 percent year-on-year in the first quarter of 2023, highlighting the increasing significance of e-commerce in d...
As of June this year, agreements secured through the Caspian Coastal Cluster initiative have yielded RUB 63 billion for Dagestan.
In 2024, Concern KEMZ JSC located in northern Dagestan, achieved a substantial production output value of RUB 6.2 billion in 2024.
According to reports, Dagestan plans to invest RUB 2.5 billion in communication infrastructure in rural areas by 2030 as part of its project to elimin...
RUB 150 million in annual tax revenues will be directed to the republican budget. The construction of the wind farm is proceeding apace.
Last year proved to be particularly noteworthy, with industrial enterprises in the republic generating tax revenues amounting to RUB 18.5 billion and...
The project's total cost amounts to RUB 1.6 billion being supported by the Industrial Development Fund.
By the beginning of January 2025, the loan portfolio for enterprises and entrepreneurs in Dagestan amounted to RUB 44.5 billion, representing a 23.5&#...
Based on the results of 2023 and assessments by the Ministry of Economic Development of the Russian Federation for 2024, Dagestan has emerged as the l...