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7 loans to the Khabarovsk Krai authorities will be provided by Sberbank and Otkritie - EastRussia | Far East






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Loans for 7 billion rubles to the authorities of the Khabarovsk Territory will be provided by Sberbank and Otkrytie

The Ministry of Finance of the Khabarovsk Territory summed up the auctions to attract seven credit lines with a limit of one billion rubles each. Their regional government will provide Sberbank and the bank "Discovery".

According to the final reports of seven purchases posted on the website "RTS-tender", Otkritie Bank will provide the region with three lines of credit: one for 172,375 million rubles, and two for 173,25 million rubles. Four more auctions were declared invalid because one participant had announced them - Sberbank. Now contracts will be concluded with him at an initial price - 175 million rubles.

In December last year, at a press conference, Governor Sergey Furgal stated that the Khabarovsk Territory’s government would reduce borrowing and stop borrowing in large numbers, but in March the opposite happened - the announcement of auctions for seven credit lines at once. The regional authorities did not comment on this step, and only April 4, Sergei Furgal explained why he had to borrow.

“To my regret, the budget for 2019 was formed a year, I, as a new governor, could not make changes to the budget,” explained Sergey Furgal.

However, the head of the region took office in September last year. The regional budget was adopted in December after numerous edits by deputies and the government.

Recently, official information appeared that the national debt of the Khabarovsk Territory increased by 11,9% in just two months of this year and reached the mark 54,9 billion. The region occupies a place in the volume of public debt 78 among the subjects of the Russian Federation - the last in the DFO.