ROLE AND PLACE OF THE REGIONS OF THE URAL FEDERAL DISTRICT IN THE CONDITIONS OF FOREIGN POLICY RESTRICTIONS

Abstract

The relevance of the article is due to the fact that economic sanctions have been primarily imposed on the fuel and energy sector and are aimed at weakening the Russian economy by sharply reducing federal budget revenues received from oil and gas exports to foreign countries. This is also the reason for the choice of regions of the Ural Federal District (hereinafter referred to as the UFD) as the main producers and exporters of oil and gas.
The purpose of the article is to establish the degree of influence of economic sanctions imposed by the West on the economy of the regions, including raw materials export-oriented regions of the UFD.
The information base for the study was the official data of Rosstat, tax reports of the Federal Tax Service of Russia, and the authors' publications on the topic of the study. The study was conducted using the methods of analysis, synthesis, grouping, comparison, generalization, tabulation, etc.
The results of the study can be used in practical activities when making decisions on taxation of the oil sector of the economy. The conducted research showed that, on the one hand, it is important for the economy of the district and the country to reduce the share of oil and gas revenues, which ensures a decrease in the budget's dependence on external factors and the development of non-oil and gas sectors of the economy. On the other hand, an increase in oil and gas revenues is one of the factors in reducing the budget deficit. Thus, Western sanctions against the oil and gas sector pose a threat to the economic security of not only the regions of the Ural Federal District, but also the country as a whole.