The Ministry of Finance introduces a new procedure for treasury support
The Russian Ministry of Finance has prepared a draft of updated rules for authorizing transactions with funds of treasury support participants. The document will replace the current Order No. 214n and will enter into force on September 1, 2026.
The new procedure takes into account the changes in the Budget Code and combines the accumulated amendments. Further transfer of procedures to the Electronic Budget system is envisaged, the rules for working with earmarked funds and the requirements for documents for approving expenses are being clarified.
Special attention is paid to the control of expenditures on government contracts, subsidies and budget investments. The Treasury will maintain restrictions on the transfer of funds to bank accounts, except in cases expressly permitted by law.
The draft also regulates the procedure for extended treasury support, including verification of the economic feasibility of costs.