The Ministry of Finance announced the transition to a six-year budget plan
The Ministry of Finance expects to move to six-year planning of the federal budget. The transition is planned to be carried out by synchronizing the timing of the formation of the three-year federal budget and the draft budget forecast for the long-term period, follows from the document on the main directions of the budget policy for 2027-2029.
The Ministry of Finance expects to move to six-year planning of the federal budget. The transition is planned to be carried out by synchronizing the timing of the formation of the three-year federal budget and the draft budget forecast for the long-term period, follows from the document on the main directions of the budget policy for 2027-2029.
Similar rules are planned to be extended to the subjects of the Russian Federation. In the next three years, the regions will set uniform requirements for the creation of long-term budget forecasts. Documents regulating the work of the subjects of the Russian Federation will include specific terms, conditions of development, as well as the mandatory composition and content of such forecasts.
