Matvienko stated the need to be guided by Putin’s priorities when forming the budget

Brief retelling from RIA II

Speaker of the Federation Council Valentina Matvienko said that when forming the federal budget of the Russian Federation for 2027–2029, one must be guided by the priorities outlined by Russian President Vladimir Putin.

Senators presented about 50 initiatives, most of which were reflected in the draft budget.

Acceleration of economic growth and restoration of investment activity are expected; focusing on domestic demand will ensure the growth of a number of industries.

MOSCOW, October 5 – RIA Novosti. When forming the federal budget of the Russian Federation, one must be guided by the priorities that were clearly outlined by Russian President Vladimir Putin, said Federation Council Speaker Valentina Matvienko.

“We must be guided by the priorities that were clearly outlined by our President Vladimir Vladimirovich Putin,” the politician said at parliamentary hearings on the draft budget of the Russian Federation for 2027-2029.

Matvienko thanked the team of the Ministry of Finance, headed by Anton Siluanov, and the financial and economic bloc of the government “for such extensive, meticulous work in extremely difficult conditions, for their attentive attitude to the proposals of the Federation Council.”

“In total, the senators presented about 50 initiatives, most of which were reflected in the draft budget,” said the head of the Federation Council.

According to her, it is clear that in modern conditions there are no simple budgets.

“Challenges remain related to turbulence in the global economy, the changing structure of global markets, and illegal sanctions. But even in these realities, the Ministry of Finance manages to find the necessary balance and form a budget, based, first of all, on the strategic goals and national priorities identified by the head of state,” the senator said.