The Minister of Finance of the Russian Federation warned that the funds in the Reserve Fund and the National Wealth Fund could end this year.
This, according to Anton Siluanov, will happen if budget optimization is not due. “For the current year we can“ eat ”reserves if we do not take other measures,” the minister noted. It should be noted that in December the volume of the Reserve Fund decreased by 7.4 percent, while the NWF, by contrast, grew by 9.4 percent.

Siluanov warned about "eating away" the National Welfare Fund and the Reserve Fund in 2016Siluanov warned about "eating away" the National Welfare Fund and the Reserve Fund in 2016
The editorship of uznayvse.ru reminds: the world prices for raw materials this week dropped to the lowest level since the early 1990s. So, Brent is currently selling for $ 29. At the same time, the Russian budget for 2016 was adopted, based on the fact that the price of oil will be kept at 40 dollars per barrel, that is, the government will face a serious correction in costs.

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