This is the 348th most frequent Russian word.
планируется
"Is planned" or "is being planned."
Here, 'планируется' indicates that the event is foreseen or scheduled as part of future plans.
На следующий год планируется открытие нового спортивного центра.
The opening of a new sports center is planned for next year.
In this sentence, 'планируется' represents the inclusion of an action or outcome as part of an organized program.
В рамках программы планируется участие всех студентов.
Within the program, the participation of all students is planned.
The word 'планируется' conveys the idea of planning as an intention or schedule for future completion.