Today, at a press conference in Tatmedia dedicated to the official opening of the Showcase of Property of the Republic of Tatarstan project, Taliya Minullina, Head of the Investment Development Agency of the Republic of Tatarstan, reported on investment indicators for the 1st quarter of this year.
Taliya Minullina:
"Investments in fixed assets of the Republic of Tatarstan for the 1st quarter of 2025 amounted to 357.6 billion rubles, which is 138.4% compared to the level of the 1st quarter of 2024 in comparable prices. The volume of investments in fixed assets of the Republic of Tatarstan, excluding budgetary funds, amounted to 339.0 billion rubles, or 152.1% by Q1 2024. Investments from other regions of the Russian Federation in the republic's economy amounted to 85.1% compared to the level of Q1 2024.
Despite all the talk about a high interest rate (refinancing and, consequently, the loan rate), investments in fixed assets through loans increased 11-fold and amounted to 34% of the total, or 94 billion rubles, or (34% versus 2.7% in Q1 2024). Investments from the budget decreased by almost 3 times (6.7% versus 18.6% in Q1 2024). But I think it's too early to draw conclusions at the end of the year and say what figures we will get based on the results, not just in the current situation, because a slowdown in economic growth, which is projected at various levels, seems possible to us in the future."