
It is expected that the timing of the formation of the three-year federal budget and the draft budget forecast for the long-term period will be synchronized.
The Ministry of Finance of the Russian Federation plans to move to full-fledged six-year budget planning by synchronizing the timing of the formation of a three-year federal budget and long-term forecast, as well as establishing requirements for the regions.
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The Ministry of Finance has prepared the Main Directions of Budget, Tax and Customs Tariff Policy for 2027 and for the planning period of 2028 and 2029.
It is expected that the timing of the formation of the three-year federal budget and the draft budget forecast for the long-term period will be synchronized.
The Ministry of Finance plans to establish general requirements for the development of budget forecasts for constituent entities of the Russian Federation for the long term.
MOSCOW, October 1 - RIA Novosti. The Ministry of Finance plans to move to full-fledged six-year budget planning, according to the “Main Directions of Budget, Tax and Customs Tariff Policy for 2027 and for the Planning Period of 2028 and 2029.”
“As part of the work to improve the quality and efficiency of budget planning for 2027-2029, it is planned to transition to full-fledged 6-year budget planning by synchronizing the timing of the formation of the 3-year federal budget and the draft budget forecast for the long-term period,” the document says.
The Ministry of Finance plans to establish the same requirements for the regions.
In particular, in the next three years it is planned to establish general requirements for the development of budget forecasts for constituent entities of the Russian Federation for the long-term period, including the timing, conditions for their development, as well as the composition and content of the forecasts.
AI outlook — possibilities, not facts
Transition to 6-year budget planning
Likely · Within years

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