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Russian Sovereign Funds to Total Over 2.5 Trillion Rubles by End of 2018 - Putin

Sputnik International

Vladimir Putin said Wednesday that more than 2.5 trillion rubles (some $40.9 billion) will remain in Russia's Reserve and National Wealth funds by the end of... 21.12.2016, Sputnik International

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Russian Sovereign Funds to Total Over 2.5 Trillion Rubles by End of 2018 - Putin

17:52 GMT 21.12.2016 (Updated: 17:56 GMT 21.12.2016)

Russian President Vladimir Putin - Sputnik International

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Vladimir Putin said Wednesday that more than 2.5 trillion rubles (some $40.9 billion) will remain in Russia's Reserve and National Wealth funds by the end of 2018.

Sculpture of rouble sign in Novosibirsk - Sputnik International

Russia's Reserve Fund Untouched in November for Budget Financing

2 December 2016, 10:06 GMT

MOSCOW (Sputnik) – Russian President Vladimir Putin said Wednesday that more than 2.5 trillion rubles (some $40.9 billion) will remain in Russia's Reserve and National Wealth funds by the end of 2018.

"We planned that up to 2.5 trillion rubles would remain in our reserves. It will be more than that. Currently, we have over 6.6 trillion rubles [in reserves]," Putin said at a meeting with lawmakers from both chambers of the Russian parliament.