The Russian Ministry of Finance acknowledged the efficiency of the public finance management performed by the Government of the region in 2005 and increased the amount of the federal grant.
A stable and balanced budget management policy
Distinguishing features:
- a steady growth of the region's revenue
- a stably hight credit rating
- a low level of debt burden
- successful flotation of bonded debts at the stock market
Enterprise:
- 3 regional commercial banks
- 16 branches of commercial banks with headquarters in other regions of Russia
- 1 regional insurance company
- 42 branches of insurance companies with headquarters in other regions of Russia
- 3 major leasing companies;
economic,audit and management consulting companies;
Vyatka Chamber of Commerce and Industry.
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