Kanokov discussed with Fradkov prospects of KBR debts’ writing-off 

Problems of writing-off the debts under the budgetary loans collected in Kabardino-Balkaria from the beginning of 90s in the sum of 595 million rbl., liquidation of the budgetary deficiency of the republic in 1 billion 215 million rbl., time decrease of tariffs for gas were discussed at a meeting of KBR president Arsen Kanokov with the chairman of the government of Russian Federation Michael Fradkov. On it IА REGNUM correspondent was informed in the press-service of KBR president.

One of the important themes of their discussion was granting the Open Society "Terekalmaz" with quotas of the State custody committee for 2 million carat of natural diamonds. For today the enterprise’s security with natural raw material makes no more than 40 percent. They also discussed the question of increasing in financing (up to 2,8 billion rbl.) construction of the cascade of Nizhne-Chereksk hydroelectric power stations for starting its exploiting in 2006.

One more important question considered at the meeting concerned re-structuring during 10 years of the debts of KBR for electric power (900 million rbl.) and gas (about 3 billion rubles).

IА REGNUM