Parades were not held between 1991 and 1994, partly because First Deputy Prime Minister Gennady Burbulis thought of it as impractical primarily based on the state of the country at that time, particularly in terms of costs and expenses.[9] The Victory Day Parade of 1995 was held to commemorate the golden jubilee of the Soviet victory in the war.[10] It was the first one held in the newly formed Russian Federation, taking place 5 years after the fall of the Soviet Union.