On 27 May 2008, President Lukashenko, acting in his capacity as Chairman of the Supreme State Council named then Russian Prime Minister and current President Putin Chairman of the Council of Ministers. This move raised speculation that the Union was about to undergo a significant political transformation. However, the most visible and arguably important official in the Union has been the State Secretary, who runs the Union State's day-to-day operations. In the same meeting, State Secretary Borodin announced that the 2009 Union State budget would total 6–7 billion Russian rubles, an increase of over 2 billion rubles from 2008.