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The Government of Buryatia and the Central Bank of Russia signed an agreement on cooperation

Deputy Chairman of the Government Republic of Buryatia for economic development, Alexander Chepik signed an agreement with the manager of the branch - the National Bank for the Republic of Siberia, the main department of the Central Bank of the Russian Federation, Nikolai Stepanov, within the framework of which the parties agreed to join efforts to attract investments to the territory of Buryatia and increase the financial literacy of the population, the press service of the regional government reports

Among the issues discussed by the meeting participants were a high level of crediting of the population, as well as the search for potential investors. Currently, there is a slowdown in lending, which affects the growth of the economy. So, 2014 year the total amount of loans granted to legal entities and individual entrepreneurs of the republic amounted to 43,7 billion rubles, which is 27% less compared to 2013 year.

Alexander Chepik noted that the Government of the Republic is ready, together with the banks, to unite efforts, find opportunities for economic growth in the region and prepare investment projects.

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