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Ministry of Finance appreciated the possibility of default of Russian regions in 2019

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Director of the Department of Intergovernmental Relations of the Ministry of Finance of Russia Larisa Eroshkina spoke about the assessments of the department regarding the possibility of a default of Russian regions in 2019

“We do not see the risk of defaults of the subjects of Russia. An analysis of the execution of regional budgets last year showed that not a single entity allowed the delay in repayment of budget loans, ”TASS quotes it.

At the same time, she added that the ministry does not have data that any entity did not repay the loan in a commercial bank on time.

In January 2018, Russian Deputy Prime Minister Tatyana Golikova, while she was still the chairman of the Russian Audit Chamber, said in an interview with Gazeta.ru that the authorities would never allow the regions to default.