Sibay and Beloretsky region of Bashkiria - the best in financial management quality in Russia

The city of Sibay and Beloretsky region of Bashkortostan were among the winners of the VII All-Russian competition "The Best Russian Municipalities in Public Finances Management", according to the Ministry of Finance. The competition was organized by "Budget" magazine jointly with the Financiers Association of Russia with support of the Federation Council RF.

The city of Sibay was awarded a diploma in the nomination "For high quality management of budget revenues and municipal property". Beloretsky region along with five other municipalities received the diploma "For high quality of budget planning and execution of the budget."

More than 200 municipalities representing 62 regions of Russia participated in the competition.