The regions of the Russian Federation this year will receive 65 billion rubles of budgetary credits

Moscow. October 19. The Finance Ministry has proposed to allow the subjects of the Russian Federation to use the early withdrawal of budgetary credits in 2015 in the amount of 65 billion rubles to cover the deficits of their budgets and the substitution of commercial loans.

“Budgetary credits for 65 billion rubles we will discuss at the trilateral Commission”, – said the Minister of Finance of the Russian Federation Anton Siluanov at the meeting of the Committee on budget and taxes of the state Duma. We are talking about the sum repaid early in 2015 budget loans.

“Including, I think, what we decide to allocate part of these funds to cover the deficit of budgets of subjects of the Russian Federation, and not just for replacement credit debt,” he said.

Just for 2015 have been planned budget loans to the regions 310 billion.

In 2016 it is planned to provide budgetary credits in the amount of 140 billion rubles. These funds are the subjects of the Russian Federation will also be able to refer you to partially cover the budget deficit and covering temporary cash gaps. The interest rate on loans provided in the amount of 0,1% per annum.