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Obtain restructuring of public debt plan in the Amur region

Obtain restructuring of public debt plan in the Amur region
Photo: pixabay.com

The Amur Region in the new year will apply for a restructuring of debts on federal budget loans. This is allowed if the region sends the released funds to the implementation of new investment projects. Now authorities are considering investment options.

According to the press service of the regional government, the extension period for federal loans will be five years. The Amur Region will submit an application after the New Year holidays.

In just nine months of this year, the regional budget received about six billion rubles from the implementation of large investment projects. The increase in revenues over the same period in 2018 amounted to 3,4 billion rubles.

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