The Government of Russia will support the purchase of Yakutia diamonds.

The Government of Russia in 2009 will increase to four times the cost of updating the State Fund of precious metals and stones (Gosfond). To this end, budgeted at 45.4 billion rubles. Most of these funds will go to the purchase of diamonds from the company Alrosa, which is a system-by for Yakutia. This writes the newspaper Kommersant.
Sources of publication in the Government reported that the volume of purchases of diamonds from Alrosa needed, because their sales have fallen almost to zero. This means for the purchase of diamonds for Gosfonda will be received from the sale of goszapasov gold and other precious metals on foreign markets. According to the amended 2009 budget approved by the Government on 19 March, the proceeds from the sale of precious metals goszapasov projected at 47.42 billion rubles.
Formation Gosfonda Gohran is in force under the Ministry of Finance State institution, the activities which the regime gostayny. Earlier reported that ALROSA temporarily withdrew from the international diamond market and became the raw material to sell all Gohran. This was done in order to maintain the value of diamonds in the global financial crisis. Since early 2009, has never conducted tenders for selling of rough diamonds.
Similarly, received an international diamond company De Beers, significantly reducing sales.
Demand for diamonds in the world market is steadily declining due to a sharp decline in sales of products with diamonds in the U.S. and Europe. In mid-November 2008 the World Federation of Diamond Bourses appealed to diamond companies all over the world with a request to reduce the supply of its products. In December 2008 it was reported that Alrosa planned to reduce the supply of diamonds in 2009 to 30 per cent.
Alrosa is one of the world's largest diamond companies. It controls 25 percent of the world market of rough diamonds. Companies ALROSA produce 97 percent of all Russian diamonds, while the company evaluates its own stocks of raw materials, the 110 billion dollars. In 2008, Alrosa diamond mining in dollar terms amounted to 2.33 billion.