Russian Finance Ministry restructures debt of Karachay-Cherkessia

Read on the website Vestnik Kavkaza

The leader of Karachay-Cherkessia, Rashid Temrezov, met Russian Finance Minister Anton Siluanov, Yuga.ru reports.

The sides discussed the budget of Karachay-Cherkessia in 2011, improvement of budget efficiency and switch to a program budget. The two officials agreed to restructure the debt of the republic for 2009-2010.