Dzerzhinsk's municipal debt has fallen below 1 billion rubles for the first time since 2015.

      29 December 2025 13:00 Economy

      Part of the debt on budgetary loans was written off for Dzerzhinsk, Mayor Mikhail Klinkov reported on his Telegram channel.

      According to preliminary calculations, by the beginning of 2026 the volume of municipal debt will amount to 947 million rubles. That is about 24% of the city’s own revenues. Such a low level of indebtedness in Dzerzhinsk has not been recorded since 2015, the mayor emphasized.

      It is also noted that the mayor’s office has undertaken obligations to curb the growth of market debt. Thus, in 2019 the total volume of municipal debt reached 1,403.5 million rubles, and its share of own revenues exceeded 89%.

      As a result of this decision, debt amounting to 198.5 million rubles was written off for Dzerzhinsk in 2025.

      The head of the city expressed gratitude to the governor of Nizhny Novgorod Oblast, Gleb Nikitin, and to the regional government for their support. It is planned that by 2029 a total of 661.3 million rubles of budgetary loans will be written off for Dzerzhinsk — two thirds of the total debt.

      The funds freed up will be directed to the implementation of priority tasks: support for participants in the SVO and their families, resettlement from unsafe housing, development of infrastructure for investment projects, as well as modernization of utility services and the purchase of equipment for road maintenance services.

      Recall that in December 2025 the government of Nizhny Novgorod Oblast decided to write off part of the debts of municipalities that had previously been received from the regional budget in 2021–2022 to repay market borrowings.

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