25 October 201209:34
Sverdlovsk Region’s Budget Deficit to Halve by 2015
October 25, 2012. The regional budget deficit will be gradually going down in the future, Sverdlovsk Region’s Finance Minister Galina Kulichenko said at a press meeting recently. The Minister stressed that, while this year’s budget deficit comes to 16.9bn RUR, it is only expected to come to 9.4bn RUR in 2015. When asked about the draft law on the regional budget for 2013 and the plans for 2014 and 2015, Kulachenko said that the regional finance analysts prefer to sustain the increase in Sverdlovsk Region’s public debt and suggest that it should be reduced by 2.2bn RUR as soon as 2013. As for