July 5, 2013, the Law of the Republic of Buryatia on Amendments to Certain Legislative Acts of the Republic of Buryatia in connection with the establishment of the Investment Fund of the Republic of Buryatia (№3474-IV). Amendments to the Law of the Republic of Buryatia, July 3, 2007 № 2359-III «On the budget process in the Republic of Buryatia" and the Law of the Republic of Buryatia on March 16, 2012 № 2625-IV «On public-private partnership in the Republic of Buryatia."
Formation of the Investment Fund of the Republic of Buryatia will be at the expense of the republican budget own revenues, including grants to the republican budget of the Investment Fund of the Russian Federation on the implementation of regional investment projects.
In addition, in accordance with the Decree of the Ministry of Regional Development of the Russian Federation of 27.05.2011, the №254 «On approval of the Model Regulations on regional investment fund" Government of the Republic of Buryatia worked to prepare a regulatory act approving the Regulations on the Investment Fund of the Republic of Buryatia, which was adopted by the Government decree number 514 of October 3, 2013
Regulation regulates the formation and provision of the Investment Fund of the Republic of Buryatia for investment projects, defines the procedure for selecting projects, the basic requirements for projects and their participants.