MOSCOW, Mar 1 (PRIME) -- The government will allocate 1 trillion rubles from the National Wealth Fund to purchase stocks of Russian companies on the back of Western sanctions, as seen by PRIME in a ruling on the government website on Tuesday.
“The Finance Ministry…to purchase shares of Russian issuers in 2022 at the expense of the National Wealth Fund in the amount of up to 1 trillion rubles on the terms and conditions determined by the ministry,” the ruling said.
(93.5589 rubles – U.S. $1)
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