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Medvedev urged to deal with multi-billion debts of public utilities enterprises - EastRussia | Far East

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Medvedev urged to deal with multibillion-dollar debts of utilities enterprises

Medvedev urged to deal with multibillion-dollar debts of utilities enterprises
Photo by: kremlin.ru

Prime Minister Dmitry Medvedev said at a meeting of the Cabinet that it was necessary to analyze the formation of debts of housing and utilities enterprises and energy for consumed energy resources and take measures to repay them. He also instructed to provide in the budget funds for cost recovery. The press service of the Government of the Russian Federation reports.

According to the Prime Minister, in spite of the reduction of debts by 6%, enterprises' debts still amount to 213 billion rubles. “Therefore, I ask you to take measures to repay debt — additional measures, because even so, all these decisions are there, and certain efforts are being made. We need to conclude direct contracts between tenants and resource-supplying organizations, exclude unscrupulous managers from the chains of settlements and take some other measures, ”the report says.

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