| 28.01.2009 - Russia's Reserve Fund worth $142.5 bln - finance minister |
| From Rian.ru: Russia's Reserve Fund now stands at 4.7 trillion rubles ($142.5 billion) and the National Wealth Fund at 2.6 trillion rubles ($79 billion), Finance Minister Alexei Kudrin said on Tuesday. The Finance Ministry divided the former Stabilization Fund into the Reserve Fund, designed to cushion the federal budget against a plunge in oil prices, and the National Wealth Fund, designed to help Russia carry out pension reforms, on February 1, 2008. .... Full Article: Source |