Republic of Kalmykia

Refinance commercial loans

The Government of the Republic of Kalmykia decided to refinance previously attracted commercial loans at lower interest rates.

The Central Bank of the Russian Federation set a key rate of 5.5% on June 1, and the Republic of Kalmykia will be able to attract commercial loans at a rate of 6.5% (5.5% + 1%).

To date, the republican budget has received its own tax and non-tax revenues of 69.6 million rubles, or 3% more than in the same period last year.