Magazine article Russian Life

No Jokes, Please: Moscow Alleges Chukotka Bankrupt; New Chukchi Bible Published

Magazine article Russian Life

No Jokes, Please: Moscow Alleges Chukotka Bankrupt; New Chukchi Bible Published

Article excerpt

This spring the Audit Chamber's Sergei Ryabuchin declared Chukotka Autonomous Okrug insolvent. According to Ryabuchin, Chukotka's debts to the federal budget amounted to R9.3 billion, more than double its annual revenues of R3.9 billion. Russia's Budget Code stipulates that a region's state debt must not exceed its budget revenues.

The region's governor is oligarch Roman Abramovich, and Audit Chamber Chairman Sergei Stepashin (prime minister under Boris Yeltsin, prior to Vladimir Putin) said that Abramovich had "let the president down" and should resign his post of governor. Meanwhile, the Chukotka regional administration denied that it was insolvent, and said the okrug was able to pay all its debts.

Less than a week after the audit report, Russian and international media reported that Abramovich had purchased a Boeing 767-300 for use as a flying office.

Meanwhile, in other Chukchi news, the Institute for Bible Translation (IBT), founded in Stockholm, Sweden in 1973, has released a Chukchi translation of the gospel according to St. Luke. The translation took 13 years and, was a joint effort of academics, teachers of Chukchi, and a Chukchi poet. …

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