ACRA confirmed the high credit rating of the Krasnoyarsk Territory

The Analytical Credit Rating Agency (ACRA) confirmed the credit rating of the Krasnoyarsk Territory at the level of AA+ (RU) on the national rating scale and increased the rating outlook from “Stable” to “Positive”.

According to specialists from the regional Ministry of Finance, the agency’s decision reflects the preservation of the region’s stable financial position and indicates its high solvency. The Krasnoyarsk Territory's credit rating is due to its low debt level, high share of tax and non-tax revenues, as well as a positive current account balance and flexibility of budget expenditures.

“A “positive” forecast means for us confirmation of the high stability of the regional financial system. The region is pursuing a balanced budget policy, which allows us to maintain a balanced budget and at the same time ensure the implementation of key government priorities,” said the region’s Deputy Prime Minister, Minister of Finance Vladimir Bakhar.

According to ACRA’s analytical report, the region’s budget now maintains a stable balance: the volume of revenues ensures the financing of all mandatory expenses and a significant part of capital investments.

The debt burden remains low: by the end of 2025, the debt-to-income ratio will be about 16%. The structure includes budget loans with a long repayment period; refinancing risks are assessed as minimal.

The agency also notes the high economic development indicators of the Krasnoyarsk Territory. The region has demonstrated a steady decline in dependence on extractive industries. The region's gross regional product is estimated at 4.2 trillion rubles, which is about 2.4% of the total GRP of the constituent entities of Russia.

Minister of Finance of the Krasnoyarsk Territory