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One city in the Urals has been declared insolvent. Other Russian cities are also experiencing budget deficits.
Radish is about Sredneuralsk, which is a satellite town YekaterinburgFrom now on, by order of the Sverdlovsk governor Denis Pasler there acts external financial management (this is the first case in the entire history of the region).
The 20-person city was declared insolvent due to an 18 million ruble budget deficit. Because of this, the mayor’s office was unable to pay one of the contractors who completed the work last year.
It is planned to restore the financial stability of Sredneuralsk within the next five years.
A debt of 18 million rubles, by the way, is not such a high…