What percentage of GDP goes towards infrastructure and development? Where is it invested?

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Revision as of 10:12, 17 October 2009 by Chihhou (talk | contribs) (New page: It is categorized in the section of stable economic growth in the budget policy. It is about 15% of the total budget from 2008 to 2010. In 2008-2010 federal support for various branches ...)
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It is categorized in the section of stable economic growth in the budget policy. It is about 15% of the total budget from 2008 to 2010.

In 2008-2010 federal support for various branches of the economy will focus largely on transportation infrastructure and roadway maintenance, agriculture and fishery. Funding for transportation infrastructure and roadway maintenance will grow by 30% in 2008 (compared with 2007). Federal funding for agriculture and fishery will grown by 55% in 2008 (compared with 2007).

The government will continue to fund the advanced technology sector, supporting innovative technology in industrial processes, which adds to the diversification of the economic structure. To this end federal spending on communications and information systems will grow by 14.6% in 2009 (compared with 2008); spending on applied economic research will also increase by 10% yearly in 2008-2009. As a result, total spending under the program Stable economic growth in 2008 and 2009 will grow by 30% (compared with 2007) and 9.6% (compared with 2008); in 2009 it will account for 15% of the entire federal budget, not counting servicing fees for the federal and municipal loans