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Sovereign Wealth Funds Briefing - Categorized | Investment, Market

Russia’s big asset sales in 2010 unlikely

Posted on 31 August 2010

From Reuters: Russia is expected to use up most of its 1.2 trillion rouble Reserve Fund this year. The government also has a 2.7 trillion rouble National Welfare Fund at its disposal, but is keen to keep a cash safety net against future crises.
Oil — a key source of cash for Russia’s commodity-driven economy — is also unlikely to rise far enough above budget forecasts to remove the need for extra cash……………………………………….Full Article: Source


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