Average revenue from the placement of the Fund of national well-being (FNB) and the Reserve Fund on January 15, 2009 amounted to 5,4 per cent a year. Such a statement made by the representative of the Ministry of Finance of Russia Petr Kazakevich, reports RIA Novosti.
Kazakevich noted that the Ministry of Finance has long been criticized for conservative investing in Russian natsfondov, but it was a completely justified. "We earned, rather than lost by the financial crisis", - added a representative of the Ministry.
According Kazakevich, February 1, the size of the Contingency Fund has reached 4.9 trillion rubles (137 billion dollars), and FNB - 2.9 trillion rubles (84 billion dollars). This is the agency "Interfax". In doing so, since the inception of the funds as a result of the division of Stabilization in February 2008, FNB amount increased more than 2.5 times, and the Reserve Fund - a 10 per cent.
Remember, both the Russian national fund receives funds from the additional revenues from high oil and gas prices on world markets. Part of the money from the funds will be directed at combating the negative effects of the financial crisis. In particular, as stated Kazakevich, the Reserve Fund, if necessary, be able to compensate for a deficit budget in the years 2009-2011, transmits Reuters. Previously, it was reported that the Ministry of Finance estimated the budget deficit in 2009, more than three trillion rubles, if the price of oil was 41 dollars a barrel.
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