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Trading in attracting loans to 2 billion rubles to cover the budget deficit to the Amur Region declared invalid - EastRussia | Far East

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Trades to attract loans to the Amur region for 2 billion rubles to cover the budget deficit are recognized as failed

The Ministry of Finance of the Amur Region recognized the failed auctions to attract loans to cover the regional budget deficit for five lots with a total limit of 2 billion 11 million rubles

This is reported in the materials of the customer on the site of public procurement.

As follows from the documents, the only bidder was Sberbank. Due to the provision of an incomplete set of documents for participation in auctions, the customer recognized the only bidder who did not meet the stated requirements.

The contract price for the first lot to attract credit lines with a limit of 261 million rubles was 62,487 million rubles.

The subject of the Federation planned to use the loan from 23 in May to 30 in June of the current year and finally repay the loan no later than 28 in February of 2018.

The same period of loan use is specified for the second lot at a price of 59,853 million rubles - a loan for 250 million rubles, Interfax notes.

Two more loans - for 600 million rubles - were put up for auction for 152,989 million rubles each. The total period of loan use is from 11 to 31 May of this year. The maturity of the debt is no later than 30 March 2018.

The price of the fifth lot on 300 million rubles for use from 23 May to 30 June 2016 was 71,824 million rubles. The Amur region hoped to return it no later than February 28 of the year 2018.

The budget of the region for 2016 was adopted with revenue of 39,3 billion rubles, expenses - 39,8 billion rubles, with a deficit of about 2% of expenses.

State debt of the Amur region at the beginning of 2016 amounted to about 30,5 billion rubles.