Encyclopedia

Program of Municipal External Borrowings


The municipal external borrowing program is a list of budget loans attracted to the local budget from the federal budget in foreign currency within the framework of using targeted foreign credits and (or) repaid in foreign currency in the current financial year and planning period (current financial year)1.

The municipal external borrowing program is an appendix to the decision on the local budget for the current financial year and planning period (current financial year)2.

  1. Budget Code of the Russian Federation dated 31.07.1998, as amended on 2019-08-02, Article 108.4, paragraph 1 // RSZ RF. 1998. No. 31. Art. 3823. ↩

  2. Budget Code of the Russian Federation dated 31.07.1998, as amended on 2019-08-02, Article 108.4, paragraph 3 // RSZ RF. 1998. No. 31. Art. 3823. ↩

Laws with commentary

Codes and federal laws