Mishustin: the parameters of the budgets of regions should lead to a sustainable level
The government will work to ensure that as improvements in the economy allow the parameters of the regional budgets to a sustainable level, said Prime Minister Mikhail Mishustin, speaking in the Duma with the report on the work of the government.
He reiterated that the constituent entities of the Russian Federation may use tools that appear as a result of the restructuring liabilities and additional transfers from the Federal budget.
"For the year deficit, amount of debt, including market borrowings, the regions may exceed the established agreements indicators. However, with the improvement of the situation, the parameters of the budgets it is necessary to gradually lead to a sustainable level," - said the Prime Minister.
He added that it is important to maintain low interest rates and investment, which are necessary for solving medium - and long-term development of the regions.
According to the forecasts of the chamber of accounts, the shortfall in income of Russian regions in 2020 may exceed 2 trillion rubles.
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