Administrators of external financing sources for the budget deficit – definition and meaning of "Administrators of external financing sources for the budget deficit"

Administrators of external financing sources for the budget deficit are state authorities that, in accordance with Russian Federation legislation, have the right to conduct state external borrowings, conclude credit agreements and contracts denominated in foreign currency to attract loans, and provide state guarantees in foreign currency (ceased to be in force as of 2007-04-26)¹.

Federal Law No. 176-FZ dated 22.12.2005, "On Amending the Federal Law 'On the Budget Classification of the Russian Federation' and the Budget Code of the Russian Federation" dated 22.12.2005, as amended on 2005-12-22, Article 1, subpara. 6, ceased to be in force as of 2007-04-26 // RSZ RF. 2005. No. 52. Art. 5589. ↩