Br150 billion in budget funds will be directed to the development of the Tolochin district until 2016

Br150 billion of budget funds will be allocated for the development of the Tolochin district until 2016. This was announced today at a meeting of the Vitebsk Regional Executive Committee by its chairman Alexander Kosinets, according to a BELTA correspondent. Olga Bogacheva - BELTA/. Br150 billion of budget funds will be allocated for the development of the Tolochin district until 2016. This was announced today at a meeting of the Vitebsk Regional Executive Committee by its chairman Alexander Kosinets, according to a BELTA correspondent. 

According to the chairman of the regional executive committee, Br50 billion of budget funds will be allocated annually for the socio-economic development of this region throughout 2013-2015. Investments will be directed towards the reconstruction of educational institutions, social facilities, the development of the agro-industrial complex, the construction of facilities significant for the district, and the development of trade. Alexander Kosinets emphasized that the district's leadership must attract a significant portion of investments independently. 

The chairman of the regional executive committee demanded that the district leadership ensure the fulfillment of all socio-economic indicators. Based on the results of 9 months, the district did not fulfill14 out of 19 main indicators of the socio-economic development forecast were achieved (the share of shipped innovative products in the total volume of shipped products, the production of agricultural products in agricultural organizations, the share of costs for the purchase of machinery, equipment, vehicles in the total volume of investments in fixed capital, the target indicator for energy saving, sales profitability in industry and agricultural organizations, exports of goods for the territory as a whole and excluding oil and petroleum products and republican organizations). 51.6% of the annual target for the construction of residential buildings was completed (6000 sq.m), $2.24 million of foreign investment was attracted on a net basis (26.3% of the annual target). The foreign trade balance of goods for the district as a whole and excluding republican organizations was negative. The share of shipped innovative products was 11.2%.

As reported by the Chairman of the Tolochin District Executive Committee, Alexey Gornak, currently, at some industrial enterprises of the district (Kokhanovsky Pipe Plant "Beltrubplast", Kokhanovsky Excavator Plant, JV "Svyatovit", Tolochin Cannery and others), modernization projects and the production of new types of products are being completed, which will allow the region to significantly improve its position in terms of the share of shipped innovative products. All measures are being taken to fulfill other assigned indicators.