Translation. Region: Russian Federation –
Source: Government of the Russian Federation – Government of the Russian Federation –
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Document
Order No. 3702-r of December 11, 2025
Prime Minister Mikhail Mishustin signed an order approving the long-term budget forecast—until 2042—and extending it for another six-year period.
In preparing the document, the objectives of achieving the national development goals approved by the President, the need to fulfill social obligations to citizens, and the implementation of national projects and state programs were taken into account.
The budget forecast was prepared based on two long-term socio-economic development forecast options prepared by the Ministry of Economic Development: the baseline and the conservative ones.
The baseline budget forecast scenario assumes steady growth of federal budget revenues in real terms, averaging 2.1% per year, beginning in 2026. Federal budget expenditures are expected to more than double their 2019 levels in real terms by 2042.
The long-term budget forecast contains the characteristics and forecast of federal budget indicators and reflects the dynamics of its key parameters until 2042, including the funding parameters for national projects and state programs beyond the planning period.
Budget forecast parameters are taken into account when forming the budget for the next financial year and planning period, as well as in long-term planning. The budget forecast is developed every six years for 12 or more years based on a long-term forecast for Russia's socioeconomic development.
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