The Prime Minister: the funding contingency Fund is finite, they need to spend effectively


If the events will develop on the basis of those forecasts, that is, the Reserve Fund would allow Russia to survive the most difficult period, said Prime Minister Dmitry Medvedev.

MOSCOW, 9 Dec. The reserve Fund will help to endure the difficult times for the Russian economy, said Prime Minister Dmitry Medvedev.

“What we (reserve Fund — ed.) was created? We were created for in such a situation as now, to spend these funds”, — Medvedev said on Wednesday in an interview with Russian Federal TV.

“We calculated — of course, these reserves are finite, but if the events will develop on the basis of those projections that we have, these tools will allow us to survive the most difficult period of our economy,” he said.