The government wrote off part of the debt on budget loans to seven additional regions.
Two-thirds of the debt on budget loans totaling almost 12.5 billion rubles will be written off in Buryatia, the Trans-Baikal Territory, Kirov, Novgorod, Penza, Pskov and Chukotka Autonomous Okrug.
Regional authorities will be able to use the released resources to implement promising projects in various sectors of the economy, create favorable conditions for doing business and create a comfortable urban environment, including within the framework of master plans for the development of cities in the Far Eastern Federal District and the Arctic region.
This mechanism has proven its effectiveness in practice. Its active use is expanding all the time, stressed Mikhail Meshustin.
This year, the total amount of budget debt cancellation amounted to 300 billion rubles.