Kudrin: Wealth fund money enough to survive only one more crisis - News Archive - PRIME Business News Agency - All News Politics Economy Business Wire Financial Wire Oil Gas Chemical Industry Power Industry Metals Mining Pulp Paper Agro Commodities Transport Automobile Construction Real Estate Telecommunications Engineering Hi-Tech Consumer Goods Retail Calendar Our Features Interviews Opinions Press Releases

Kudrin: Wealth fund money enough to survive only one more crisis

MOSCOW, Aug 21 (PRIME) -- RussiaТs National Wealth FundТs money will suffice to survive only one more crisis similar to the crisis of 2008Ц2009, the Audit ChamberТs head Alexei Kudrin said on Tuesday.

УI will remind you that in 2008Ц2009 half of the entire reserve fund was spent on saving, supporting the budget system, including the Pension Fund,Ф Kudrin said.

УAt present, we do not have a reserve fund, we have only the National Wealth Fund left. Its funds will be enough only for one more similar crisis, we have no more money so farЕ We cannot tie payments of the pension system to it.Ф


21.08.2018 13:27
Share |
To report an error select text and press Ctrl+Enter
Central Bank Official Rate
1W 1M 1Y
EUR 74.8151 -0.0904 20 feb
USD 66.2022 -0.0448 20 feb
Stock Market Indices
1D 1W 1M 1Y
rtsi 1185.43 +1.00 13:15 20 feb
micex 2474.98 +0.67 13:15 20 feb
Stock Quotes in RUR
1D 1W 1M 1Y
gazp 154.08 +0.03 13:00 20 feb
lkoh 5463.50 +0.37 13:00 20 feb
rosn 401.80 -0.29 13:00 20 feb
sber 204.09 +0.99 13:00 20 feb
MICEX Ruble Trading
1D 1W 1M 1Y
EURTD 74.6300 -0.0150 12:58 20 feb
USDTD 65.7750 -0.4350 12:58 20 feb