Matvienko called the draft budget for 2027–2029 a manifestation of financial art
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Speaker of the Federation Council Valentina Matvienko highly appreciated the draft federal budget for 2027–2029, calling it a balanced document that guarantees the fulfillment of all social obligations of the state to citizens.
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Why It Matters
Parliamentary hearings were held in Moscow on the parameters of the draft federal budget for 2027 and the planning period 2028–2029.
MOSCOW, October 5 - RIA Novosti. Speaker of the Federation Council Valentina Matvienko called the draft budget prepared by the Ministry of Finance for 2027-2029 a manifestation of financial art; the document is balanced and guarantees citizens the fulfillment of all social obligations.
On Monday, parliamentary hearings were held “On the parameters of the draft federal budget for 2027 and for the planning period of 2028 and 2029.”
“The budget that is now presented for a three-year period is not just a sign of the highest professionalism, but, I would say, financial art. The budget is balanced, the state guarantees our citizens the fulfillment of all social obligations. The priorities identified by the president are fully reflected in the budget and financed,” the politician said during the hearing.
She also noted that the Ministry of Finance does not just contribute to the federal budget, it is “one might say, the consolidated budget of the entire country, where the interests of the regions and the balance of regional budgets are carefully taken into account.”
According to Matvienko, “there has definitely been more optimism.”
Open Questions
- What specific figures are included in the draft budget?
- How will expenses be distributed across economic sectors?
