Issues discussed at the meeting included budget planning and fiscal discipline, balancing regional budgets and extrabudgetary funds, as well as ways to improve budget discipline.

Head of Rosfinmonitoring briefed the President on the work to monitor public spending, particularly as regards public procurement contracts. International cooperation was discussed separately.

The meeting discussed preliminary results of the nation's socio-economic development in 2011 and forecasts for the short-term.

Dmitry Medvedev chaired State Council meeting which addressed issues of redistributing powers among federal and regional authorities and improvement of budgetary relationships.

Dmitry Medvedev signed Executive Order on appointing Anton Siluanov to the post of Finance Minister.

Dmitry Medvedev held a meeting that addressed mechanisms for delineating powers between federal, regional and municipal authorities, as well as suggestions on financial allocations to the regions.

Dmitry Medvedev signed a list of instructions following the meeting of the International Advisory Board on establishing and developing an international financial centre in Russia held on October 28, 2011.

Dmitry Medvedev signed Federal Law On Amendments to the Federal Law on the Protection of Competition and to Certain Legislative Acts of the Russian Federation.

Dmitry Medvedev chaired a meeting of the State Council Presidium on raising the regions’ role in modernisation of Russia's economy.

Dmitry Medvedev signed Federal Law On Amendments to the Budget Code of the Russian Federation and Certain Legislative Acts of the Russian Federation.

Among the subjects discussed at the meeting were investment policy for technological modernisation and the possibilities for developing single-industry towns. 

Dmitry Medvedev held a meeting on the main policy lines for drafting the budget for the next three years

The Accounts Chamber Chairman reported to the President on the results of budget spending monitoring.

Dmitry Medvedev signed Federal Law On Government Support in Agricultural Insurance and On Amendments to the Federal Law On Developing Agriculture.

Dmitry Medvedev signed Federal Law On Ratification of the Agreement on State (Municipal) Purchases.

Dmitry Medvedev signed Federal Law On Ratification of the Agreement on Creating Conditions on Financial Markets for Free Movement of Capital.

Dmitry Medvedev approved a list of instructions that follow from the results of the St Petersburg International Economic Forum on June 16–18, 2011.

The President announced at the start of the meeting with members of the Government that he has signed the 2012–2014 Budget Address.

At a meeting with representatives of various non-governmental organisations managing and spending social projects allocations, Dmitry Medvedev discussed effective spending by NGOs of funds targeted to socially important programmes, and ways to enhance the legislation regulating activities of the NGOs.

Dmitry Medvedev signed Federal Law On the Federal Budget for 2011 and the Budget Plan for 2012–2013.