Novosibirsk vs. Krasnoyarsk The two largest cities in Siberia are similar in scale, but different in budget philosophy. Novosibirsk is proud of its almost deficit-free budget - only 53.5 million rubles compared to 4 billion for Krasnoyarsk. But our city spends 3.4 times more on debt service. Its competitor borrows billions, but maintains a low debt burden and a high credit rating. Compare budgets and ask experts whose financial model is better.

Novosibirsk vs. Krasnoyarsk The two largest cities in Siberia are similar in scale, but different in budget philosophy. Novosibirsk is proud of its almost deficit-free budget - only 53.5 million rubles compared to 4 billion for Krasnoyarsk. But our city spends 3.4 times more on debt service. Its competitor borrows billions, but maintains a low debt burden and a high credit rating. Compare budgets and ask experts whose financial model is better.