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Tatar-Bashkir Report: December 22, 1999


22 December 1999
DAILY REVIEW FROM TATARSTAN
OVR Wins In Tatarstan
Tatarstan's Central Election Committee reported on 21 December that 42.78 percent of voters in Tatarstan supported Fatherland-All Russia (OVR) bloc during the 19 December State Duma elections. KPRF was second with 18.24 percent. Unity (Yedinstvo) has got 16.59 percent of votes. Other blocs collected less than 3 percent each. Tatarstan's President, Mintimer Shaimiev, was an informal leader of All Russia political movement and among the initiators of forming Fatherland-All Russia election bloc.

KamAZ Board Accepted 2000 Business Plan
The KamAZ truck concern's 2000 business plan was approved at a board meeting on 21 December, Tatar-inform reported. Tatarstan's President, Mintimer Shaimiev, was among those in attendance. Restructuring of 22.3 billion rubles' worth of KamAZ debt reportedly was completed before the meeting. As a result of this, the KamAZ authorized capital currently includes 688 million of shares valued at 50 rubles each. The main aims of the next year's business plan are completing debt restructuring and producing 20,000 trucks and 32,000 cars. Production growth is scheduled to increase the payroll by 5,000 employees. Tatarstan's Deputy Prime Minister and Economics and Industry Minister, Sergei Kogogin, told Tatar Television that development and production of new engines corresponding to the euro-2 and euro-3 standards is the main task set out by the authorities.

Income Exceeds Expenditures In Tatarstan's Budget
Tatarstan's Finance Ministry reported on 21 December that income into the republican budget over 11 months made 113 percent of the anticipated levels. The government took in 20.9 billion rubles, including 13.2 billion rubles in taxes. But the government spent 20 billion rubles over the same period. Despite the budget surplus, the ministry reported that expenditures on social fund projects had exceeded projections.

Compiled by G. Khasanova

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