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1 year ago

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Russian finance ministry unlocks $16 bln from rainy day fund to plug government deficit

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Russian finance ministry unlocks $16 bln from rainy day fund to plug government deficit

Russia's finance ministry on Thursday said it was drawing down 1 trillion roubles ($16.25 billion) from the country's National Wealth Fund (NWF) to help cover the government's budget deficit this year.

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Russian finance ministry unlocks $16 bln from rainy day fund to plug government deficit

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Russian finance ministry unlocks $16 bln from rainy day fund to plug government deficit

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