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National Debt of Regions Dips Below Critical Mark - EastRussia | Far East

Irkutsk
Ulan-Ude

Blagoveshchensk
Chita
Yakutsk

Birobidzhan
Vladivostok
Khabarovsk

Magadan
Yuzhno-Sakhalinsk

Anadyr
Petropavlovsk-
Kamchatsky
Moscow

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The national debt of the regions fell below a critical mark

The national debt of the regions fell below a critical mark
Photo: pixabay.com

In Russia, a decrease in the state debt of the regions to a critical point has been recorded. At 1 of September this year, it amounted to less than two trillion rubles. The last indicator to such a level fell in the 2014 year.

How to inform "News", at the moment, the ratio of state debt to own revenues of the regions is 22,5%. Previously, it reached 40% and caused concern among the federal authorities. Among the 15 entities whose debts amounted to more than 100%, only one remained -
Mordovia.

Now 68 regions of the Russian Federation can, if necessary, increase public debt. The total amount of borrowed funds is 258 billion rubles. Experts associate this situation with good budget discipline and measures undertaken by financial departments.