The Orenburg region is among three leaders in the quality management refinance

© RIA Novosti / Ilya Petliurite in fotomasterskaya coins. Archival photoThe Orenburg region is among three leaders in the quality management refinance© RIA Novosti / Ilya Petliurite the image Bank

At the end of last year, the Orenburg oblast took the second place among the Russian regions on quality management of regional finances, told RIA Novosti the representative of the press service of the Governor and government of the region, citing data from the Ministry of Finance of the Russian Federation.

According to the Finance Ministry, which evaluated the regions on 50 indicators, the region leads in such activities as «Quality of execution of the budget», «Financial relations with municipalities», «the Implementation of may decrees of the President.»

«The results of the evaluation of the quality of management of regional finances Orenburg oblast was included into a three of leaders, having 90,3 points,» — said the Agency interlocutor.

According to him, the region is also marked as one of three entities implementing the practice of providing a single subsidy. In addition, the budgets of all the 447 municipalities of the region approved a three-year period.

The press service added that the Orenburg oblast the third year included in the number of subjects with first degree quality management of regional finances. By the end of 2015, the region ranked fifth in the ranking of the Ministry of Finance in 2016 — the fourth.