The municipal debt of Kirov reached 2.86 billion.

      Today, May 13, public hearings were held in Kirov on the report on the execution of the budget for 2025. During the hearings, the head of the finance department, Gulnara Saifutdinova, also spoke about the municipal debt. According to the speaker, last year the city's debt reached 2.86 billion rubles. Kirov owes banks 1.87 billion rubles, and the rest is owed to the state. The servicing of this debt cost 292.5 million rubles. Saifutdinova noted that in 2025, the authorities managed to save 22.3 million rubles on debt servicing. This was aided by a reduction in the key interest rate (from 21% to 16%), which allowed the city to attract cheaper commercial loans. Additionally, last year an agreement was reached to restructure a budget loan taken in 2022, amounting to 1.06 billion rubles. Kirov will have to repay a third of this amount in 2025-2029. The remaining two-thirds will be "forgiven" if the city spends money in the coming years on certain areas and confirms this. For example, on fulfilling obligations under transport leasing contracts. In 2025, the city spent 83.5 million rubles in this way, and this amount is expected to be written off.