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Public spending priorities in Bender town


https://www.ipn.md/en/public-spending-priorities-in-bender-town-7966_1032213.html

The Bender Town Council agreed the expenditures for major needs this year. Most of the councilors voted for allocating 527,000 Transnistrian rubles (US$46,600) to the road fund, IPN reports.

A sum of 73,000 Transnistrian rubles (about US$6,500) will go to organize additional elections to choose members of the Bender Town Council on April 2, 2017.

It was also decided that preferential loans will be given this year to young families for purchasing or building homes. Last year, four families raised such loans at an interest rate lower than 1%, repayable in five years.

The 2017 budget of the Transnistrian region hasn’t been yet adopted so that the financing for budget expenditures is allotted by the decision of the region’s executive. The temporary mechanism envisions the allocation of ¼ of the 2016 spending for the first quarter of 2017. The cash transfers to local budgets are agreed by the same principle.