Bashkiria will receive deferral of credit repayment into the budget RF

Members of the parliament of Bashkortostan ratified the agreement on deferral of budgetary credit repayment. The corresponding draft law was approved at the 60th session of State Assembly - Kurultay RB.

The republican draft law «On approval of the Additional Agreement from December 21, 2012 No.2 to the Agreement from August 5, 2010 No.01-01-06/06-278 on granting the budgetary credit to the budget RB from the federal budget for deficiency payment of the budget RB» was submitted for consideration by members of the parliament RB by the republican Government. The initiative was approved at once in final reading.

“The republic received the credit in the sum of 3 billion 89 million rbl. from the federal budget in 2010 for mitigation of the drought consequences,” the Minister of Finance RB Ruzaliya Khismatullina explained. “Final term of repayment was defined as July, 2013. According to the accepted law, this credit is prolonged for 20 years. Debts repayment will be carried out annually in equal shares during the period from 2023 to 2032.