Yakutia's Budget Crisis: Deputy Blames Focus on Technical Solutions
Yakutia's economy continues to face challenges, with dependency on raw materials exports and struggles to adapt to energy price fluctuations. Deputy Victor Fedorov has criticized the implementation of the region's budget for the first nine months of 2025, highlighting persistent issues and slow progress on national projects.
The region's revenue reached 235 billion rubles, 71% of the annual plan, but expenditures were 247 billion rubles, 71.6% of the plan. Despite this, poverty and unemployment rates remain high at 11.9% and 4.7% respectively. Investments have decreased by 16.6%, hindering regional infrastructure development.
Fedorov attributed the budget crisis to a focus on technical solutions without considering systemic consequences. He criticized the slow progress of national projects, with only 65% implemented, and some government programs below 50%. Subsidies for housing and communal services have doubled since 2021, exceeding 50 billion rubles. Unresolved problems persist, including inter-ulus transportation, subsidizing airfare, and providing льготные medications.
Yakutia's economic struggles continue, with high poverty and unemployment rates, and a budget crisis that has seen expenditures outpace revenue. Deputy Fedorov's criticism highlights the need for systemic changes to address these issues and improve the region's economic outlook.
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