Translartion. Region: Russians Fedetion –
Source: Government of the Russian Federation – An important disclaimer is at the bottom of this article.
Yuri Trutnev held a meeting with the heads of the Far Eastern regions and the leadership of federal ministries on the issue of providing treasury infrastructure loans and on intentions to direct the released funds to the implementation of master plans for the development of cities in the Far Eastern Federal District.
Deputy Prime Minister of the Russian Federation – Plenipotentiary Representative of the President of the Russian Federation in the Far Eastern Federal District Yuri Trutnev held a meeting with the heads of the Far Eastern regions and the leadership of federal ministries on the issue of providing treasury infrastructure loans and on intentions to direct the released funds to the implementation of master plans for the development of cities in the Far Eastern Federal District.
“In accordance with the instructions of the President of the Russian Federation Vladimir Vladimirovich Putin, large-scale work on the renovation of Far Eastern cities continues. Following the plenary session of the Eastern Economic Forum, the head of state instructed to additionally allocate 100 billion rubles of infrastructure loans for the implementation of the events of the master plans of the Far East and the Arctic. Today we will discuss a specific issue – the distribution of these funds. The money is large, we must distribute it, understanding the needs and tasks of the regions, as well as responsibility for the use of financial resources,” Yuri Trutnev opened the meeting.
On the instructions of President Vladimir Putin, a mechanism for issuing treasury infrastructure loans to regions has been approved. Within the framework of the new mechanism, regions will be able to receive financing for a period of up to 15 years at 3% per annum. Of the 100 billion, it is proposed to allocate 70 billion rubles to the Far East and 30 billion rubles to the Arctic. The limits should be extended to the regions by 2030. The Russian Ministry of Construction has prepared a draft of the rules for the selection procedure within the limits of the Far Eastern Federal District and the Arctic Zone of the Russian Federation, which assumes that 50% of the limit will be allocated to housing and communal services, and the other half to other transport, social, tourist, and investment infrastructure facilities within the framework of master plans.
“The funds can be used to implement long-term plans for the comprehensive socio-economic development of Far Eastern cities, including measures in the housing and utilities sector, resettling citizens from dilapidated housing, replacing elevators, developing key communities, upgrading public transport rolling stock, and other key areas of development,” noted First Deputy Minister of Construction and Housing and Utilities of the Russian Federation Alexander Lomakin.
On the instructions of Yuri Trutnev, the limits of treasury infrastructure loans should be directed as a priority to the implementation of master plan activities. These activities are contained in long-term comprehensive planning documents, which are approved by the order of the Government of Russia for each subject.
As specified by the Minister of the Russian Federation for the Development of the Far East and the Arctic Alexey Chekunkov, the Ministry for the Development of the Russian Far East has prepared a project for the distribution of funds among the subjects of the Far Eastern Federal District, which takes into account the level of budgetary provision of the subjects, the population of the agglomeration for which master plans have been prepared. The maximum amount of funding per region is limited and will not exceed 10 billion rubles.
The issues of priority allocation of funds released from writing off 2/3 of the debt on budget loans for the implementation of master plan activities were discussed. The total volume of writing off such debt in eight subjects (Amur Region, the Republic of Buryatia, Jewish Autonomous Region, Zabaikalsky Krai, Magadan Region, the Republic of Sakha (Yakutia), Khabarovsk Krai, Chukotka Autonomous Okrug) is more than 95 billion rubles. Currently, the Ministry for the Development of the Russian Far East is working on reviewing the applications received from the regions.
“Master plans reflect the wishes, hopes and dreams of people about creating beautiful and comfortable modern cities. And these needs of the population must be realized. It is important not only to build facilities and provide them with the necessary infrastructure, but also to pay attention to optimizing expenses, reducing costs, making the overall economy of the Far East more economical and efficient,” said Yuri Trutnev
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