Maximum amount of borrowings by a subject of the Russian Federation for the corresponding fiscal year
The maximum amount of borrowings by a subject of the Russian Federation for the corresponding financial year is the total volume of funds attracted to the budget of the subject of the Russian Federation (local budget) under the programs of state internal and external borrowings of the subject of the Russian Federation (programs of municipal internal and external borrowings) for the corresponding financial year1.
Budget Code of the Russian Federation dated 31.07.1998, as amended on 2019-08-02, Article 106, paragraph 1 // RSZ RF. 1998. No. 31. Art. 3823. ↩