| 07.10.2013 - $37bln could be invested from Russian rainy day fund - Minister |
| Russia’s Economic Development Minister said Sunday that up to 1.2 trillion rubles ($37 billion) could be taken from a rainy-day windfall oil revenue fund and invested in infrastructure projects as the Russian economy faces a growing risk of stagnation. The amount is 40 percent of the contents of Russia’s National Welfare Fund, a key fiscal buffer built up by the Kremlin during years of high energy prices...............................................Full Article: Source |