Putin: by the end of 2018 will remain reliable reserves of the government and the Central Bank

Putin: by the end of 2018 will remain reliable reserves of the government and the Central Bank


Vladimir Putin noted that the positive trade balance is kept even in the face of economic difficulties. In the Fund the government has 70 billion and the contingency Fund 74 billion, which, according to the President, is a reliable reserve.

KRASNAYA POLYANA (Sochi), 22 Oct. In Russia by the end of 2018 will remain reliable, the government reserves in addition to reserves, said the President of the Russian Federation Vladimir Putin at a meeting of the discussion club “Valdai”.

“We have a positive trade balance stays confident, no matter what difficulties and problems, we have a good government reserves: one Fund is 70 billion, another reserve 74 billion. Yes, we build the tactics of economic development that we a little bit will “eat up”, but still even by the end of 2018 we will remain reliable, the government reserves, except the reserves of the Central Bank”, — said Putin.