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20.03.2026
News

First Deputy Governor of the Krasnodar Region Igor Galas chairs meeting reviewing the performance of the region’s Ministries of Economy and Finance

«Krasnodar’s financial and economic sectors must achieve full mobilisation while preserving the tax base and attracting investment to ensure a stable, balanced budget. We are currently observing a major shift in investment strategies. We are committed to championing our investors’ interests and providing them with the most advantageous conditions for their operations. It is absolutely unacceptable when investors face bureaucratic barriers rather than economic difficulties. Such cases demand rigorous scrutiny and swift resolution,» said Igor Galas.

The First Deputy Governor of the Krasnodar Region outlined the year's top priority: sustaining gross regional domestic product growth of at least 2.6% and surpassing the 6.3 trillion rouble threshold. Key drivers include industry, agriculture, catering, construction, and retail trade. The growth rate of fixed capital investment is projected to reach 102% in 2026. Overall, over the next three years, the region anticipates 4.2 trillion roubles in economic investments.

«The financial results for 2025 allow us to maintain all policy priorities from recent years: fully honour social commitments and advance economic and infrastructure growth. In 2025, the region's budget was supported by a total of 599 billion roubles in tax and non-tax revenue,» said Igor Galas.

Deputy Governor of the Krasnodar Region Alexander Ruppel highlighted that nearly one in four municipalities of the Krasnodar Region set new records last year for fixed asset investments by large and medium-sized enterprises.

«In 2026, we must fully mobilise every administrative resource. Every project, investor, entrepreneur, and rouble in tax or investment is vital to our economy. Following the governor's directives, all active investment projects in the region are now fully digitised. From now on, every project is no abstraction, it is a detailed roadmap with milestones at every stage,» said Alexander Ruppel.