Mordovia will receive a budget credit in the amount of 3.8 billion rubles


In addition, agreement was reached on the granting of Mordovia in January next year, another budget loan in the amount of 3.9 billion rubles.

NIZHNY NOVGOROD, 16 Dec –. Mordovia expects in the next few days to get a Federal loan in the amount of 3.8 billion rubles, reported the press service of the head of the Republic.

An agreement to provide the region with financial assistance in the form of a budgetary loan was signed on Tuesday during the meeting of the head of Mordovia Vladimir Volkov with the Minister of Finance Anton Siluanov.

“These funds will go to the Republic in the coming days”, — stated in the message.

In addition, said the press service, agreement was reached on the granting of Mordovia in January next year, another budget loan in the amount of 3.9 billion rubles.

At the meeting the head of the Republic with the Minister it was not only about cooperation in the preparation and execution of the regional budget, but also on the preparations for the world football championship-2018.

Earlier it was reported that the State Assembly of Mordovia approved the budget of the Republic for 2016 with a deficit of 2.4 billion rubles. In particular, budget revenues are formed in the amount of 30.8 billion rubles, expenses – RUR 33.2 billion. As reported then the Minister of Finance of Mordovia Alexey Simonov, in 2016 “budget resources will be concentrated on the implementation of decrees of the President of the Russian Federation, the implementation of social guarantees, promote economic development, the preparations for the world football championship-2018”.

Other news in the region here.