Bashkortostan stably stands in Top10 of the most solvent Russian regions

Republic of Bashkortostan holds the seventh place in the list of the most solvent Russian regions according to the results-2009, announced by the rating agency “AK&M”. The investment company “URALSIB Capital” came out as the general sponsor of the investigation.

For the first time this rating was published in October 2001. Since then it is composed every year and shows the ability of the regions to fulfill their debt obligations. In 2008 Bashkortostan also occupied the same place - the seventh position.

The first five of Russian regions remains unchanged but some regions inside it changed their positions. Moscow is still the leader with the integrated level of comparative solvency 80.42. Yamal-Nenets autonomous district has changed the fourth place for the second one (80.2). Khanty-Mansiysky autonomous district stepped down from the second to the third place (79.94). Tyumen region stands one step behind (79.78) and Saint-Petersburg is on the fifth place (78.37).

Sakhalin has risen from the tenth to the sixth position (73.52). Republic of Bashkortostan stands again on the seventh place with the integrated index equal to 66.90. Perm region goes further (65.73) as well as Krasnodar region (61.88). Leningrad region completes the Top 10 with 61.78. The Northern Ossetia stands on the last 81st place in the rate with the integrated level of comparative solvency equal to 10.00.