Rus News Journal

Increase Moody s Moscow suburbs rating became result of financial discipline

Moscow, 24 aching - News. Increase of a rating of Moscow suburbs by the international agency Moody s on one step, B4 " Ba3 " became result of budgetary economy and financial discipline from the region government, the Minister of Economics of Moscow Region Vyacheslav Krymov has declared on Thursday of News.

the International rating agency Moody s on Thursday has raised a rating of Moscow Region on one step - B4 " Ba3 " W " B1 " the forecast on a rating " positive ". Moody s has explained increase of a rating by decrease in a state debt of area and growth of tax revenues.

" Two years ago in the regional government WRK on strengthening of financial discipline has begun. Financing of all dolgosrochno - target programs, excepting the program of development of business has been reduced. It has given the chance, in - the first, to optimise budgetary expenses, and in - the second, to concentrate ATTN to development of those spheres of enterprise activity in which the area has a necessity. Accordingly, have quickly enough started to RCV return in the budget in the form of additional incomes " - Krymov has told.

Earlier the agency 2 has raised an area rating on a national scale - on one step, B4 " Aa3. ru " W " A1. ru ". The rating on a national scale has no forecast. The positive changes which have become by the reason of increase of a rating, reflect the conservative policy of management of the budget of region which is capable to solve problems of imbalance of the budget, extrabalance obligations and debts high level, are given in release of agency of a word of Alexander Proklova, the vice-president - the senior analyst Moody s and a leading analyst across Moscow Region.