The second day of the Moscow Financial Forum will hold a conference titled “Citizens' Participation As Development Resource: Russian And International Experience Of Proactive Budgeting.” The conference will hold a plenary meeting and two thematic panel discussions involving leading international experts in economics and finance.

The practice of forming People’s Budgets that has developed over the recent ten years in a number of Russian regions is in line with the concept of participatory budgeting that has gained momentum on the global scale. Their successful rapid spread is due to certain specific features that have emerged in Russian realia. 

The participants of the conference on initiative budgeting will discuss the unique features of the Russian practices, which of them are the best, and whether they should be scaled and whether the state can drive their development.

Forum speakers and guests will analyze foreign experience and opportunities for adapting international analogues for Russia.