The government has allocated 55 billion rubles in loans to the regions
Prime Minister of Russia Dmitry Medvedev instructed to allocate an additional 55 billion rubles for the provision of budget loans to regions. According to the document, the increase in costs due to “the need to ensure balanced budgets and the debt refinancing of regions”. The draft document was prepared by the Ministry of Finance and approved at the meeting of the tripartite Commission on interbudgetary relations.
Earlier, Finance Minister Anton Siluanov said that several regions that are now asking for help from the Federal centre, concealed from the authorities their budget problems in previous years. “Such decisions we have sinned Mari El, Penza oblast, Magadan, Novgorod region and so forth,” — said the Minister.
In November at the meeting of the government Commission on regional development it was decided that the subsidies to balance the budgets of constituent entities of the Russian Federation will allocate 100 billion rubles the Maximum amount of support of 8.5 billion rubles— will receive Omsk oblast. Some subjects stated that the amount allocated is more than those that they received in 2017, but it’s not enough.