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. Last Updated: 07/27/2016

Evenkia Goes High Tech With Yukos' Help

The administration of the Evenkia autonomous district is to begin using state-of-the-art computer technology for managing the region's budget, financed by a loan from Yukos.

Evenkia Governor Boris Zolotarev, who is a former Yukos vice president, and Parus company head Alexander Karpachev said this month that a system for managing the financial flows in the district would be installed by Aug. 30.

The administration concluded a $1 million agreement with Parus to supply its Parus managing systems to 1,000 workplaces. A further $5 million will be required to build the necessary infrastructure. Sibintek, or the Siberian Internet Co., is to act as contractor for the infrastructure element of the project.

The administration is hoping that the system will cut the cost of managing the region's finances by 20 percent.

Evenkia -- a region the geographical size of France and Britain combined, with a population of 20,000 -- is to become the first region of Russia to implement such a system.

Parus marketing department head Vyacheslav Novikov said the Evenkia project could be considered a prototype for the government's Electronic Russia program.

"For the first time all participants in the budget process will be participating in a single information system: the regional administration, the financial bodies, those who give the loans and the recipients of budget money," Novikov said.