Russia's Reserve Fund, set up to cushion the federal budget against a fall in oil prices, decreased by 18% to 1.83 trillion rubles ($60.52 bln) in December, the Finance Ministry said on Monday.
According to the ministry, the country's National Prosperity Fund, designed to help the government carry out pension reforms, remained almost unchanged at 2.77 trillion rubles ($91.56 bln) as of January 1.
The Reserve Fund decreased by 1.8% to 2.238 trillion rubles ($76.87 bln), while the National Prosperity Fund went up 2.1% to 2.77 trillion rubles ($95.1 bln) in November against October.
Last year, Russia spent 2.965 trillion rubles from the Reserve Fund to balance the federal budget, according to the Finance Ministry.
MOSCOW, January 11 (RIA Novosti)
