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Irkutsk authorities intend to take loans for a deficit budget
The authorities of the Irkutsk region announced auctions for loans to cover the budget deficit. We are talking about seven billion rubles, divided into seven equal lots.
According to the website of the regional government, the beginning of the tender procedure does not mean an increase in the credit load on the region. It simply defines such an opportunity. The authorities intend to receive loans in fact only in case of urgent need, which may arise during the year.
Auctions will attract loans at the lowest possible interest rate. It cannot exceed the CBR key rate by more than 1%.