14.01.2015 - Russia's Reserve Fund Grew by 72.9%, National Welfare Fund by 51.3% in 2014
Russia's Reserve Fund grew by 72.9 percent to top 4.94 trillion rubles year-on-year, while the National Welfare Fund increased by 51.3 percent to 4.388 trillion rubles in 2014, the Finance Ministry said on Tuesday. "As of January 1, 2015, the amount of the Reserve Fund totaled 4 trillion, 945 billion and 490 million rubles which equals $87.91 billion," the ministry said in a report. "The amount of the National Welfare Fund totaled 4 trillion, 388 billion and 90 million rubles which equals $78 billion," the report said. At the beginning of 2014, the Reserve Fund totaled 2.86 trillion rubles and the National Welfare Fund totaled 2.9 trillion rubles...............................................Full Article: Source
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