Total amount of grants for equalizing the budgetary capacity of the subjects of the Russian Federation – definition and meaning of "Total amount of grants for equalizing the budgetary capacity of the subjects of the Russian Federation"

The total amount of grants for equalizing the budgetary capacity of subjects of the Russian Federation - cannot be less than the total amount of these grants approved for the current financial year¹.

Federal Law No. 63-FZ dated April 26, 2007, "On Amending the Budget Code of the Russian Federation in Respect of Regulation of the Budget Process and Bringing Certain Legislative Acts of the Russian Federation into Conformity with the Budget Legislation of the Russian Federation," as amended on August 2, 2019, Article 1, subpara. // RF SB. 2007. No. 18. Art. 2117. ↩