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The state turns regional debts into investments.

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Русские деньги · · Source

🇷🇺 Russia · Map

The state turns regional debts into investments.

The government has deleted another 12.5 billion rubles of debt on budget loans to seven entities. The largest sums fall to Burtytia – about 3.5 billion rubles, transbycal trio – 2.3 billion and the Kirov region – 1.93 billion. The Panza area received a deletion of approximately 1.79 billion rubles, and the areas of estrohan and pkov - 1.67 billion and 1.16 billion, respectively.

In general, in 2026, the scope of the write-off of regional debts approached 300 billion rubles, and more than 80% of the constituent entities of the Russian Federation took advantage of the mechanism. However, you must understand that this is not an unconditional debt forgiveness. Entities are exempt from two-thirds of certain budget loans in exchange for fulfilling investment obligations. The released funds are used for public infrastructure and transportation infrastructure, resettlement of emergency housing and development of support settlements.

At the same time, the current rules also determine additional areas of expenses, so that the entire amount of the write-off does not necessarily go directly to construction. For example, in 2025, 26 regions allocated 32 billion rubles for housing and community services, and 20 regions allocated 20 billion for resettlement from dilapidated housing. For small and financially constrained areas, the effect of this is particularly pronounced.

For the federal center, such a plan is also economically justified. Repaying a budget loan gives the state a financial resource, but its use in infrastructure can create a long-term effect: contracts for contractors, jobs, territorial development and, in the future, additional tax revenues. In effect, the federal center changes future loan repayments for investments in the regional economy.

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