According to the new regulation, the regions, as well as municipalities, will from now on have to report directly to the federal Accounts Chamber. The change was approved this week by President Medvedev, newspaper Kommersant reports. Until now, towns and municipalities have reported only to regional and municipal accounts chambers, and these bodies have operated independently of the federal institution. Sergey Stepashin, the leader of the federal Accounts Chamber, have long worked for a harmonization of all federal budgetary control mechanisms. This week, he got his will. From now on his institution will control budgets on all levels of power in the country.
