Administrators of external financing sources for budget deficits
Administrators of external financing sources for budget deficits are state authorities that have the right, in accordance with Russian Federation legislation, to carry out state external borrowings, conclude credit agreements and contracts denominated in foreign currency for attracting loans, and provide state guarantees in foreign currency1.
Federal Law No. 176-FZ of December 22, 2005, "On Amending the Federal Law 'On the Budget Classification of the Russian Federation' and the Budget Code of the Russian Federation," dated December 22, 2005, as amended on December 22, 2005, Article 2, Subparagraph 4 // RSZ RF. 2005. No. 52. Item 5589. ↩