Siluanov did not rule out the involvement of the government Reserve Fund

Siluanov did not rule out the involvement of the government Reserve Fund


Moscow. 6 February. The government will be forced to use Reserve Fund if oil prices will stay at $30 per barrel, did not rule out the Minister of Finance Anton Siluanov.

“We certainly are not magicians. Of course, if the price will remain at $30, we may have to ask for reserves”, – told reporters on Saturday Siluanov.

He noted that the Cabinet of Ministers aims to minimize such decisions.

“There are measures anti-crisis plan, and there are mandatory measures that we need to take. All this will cost about 600 billion roubles with additional expenditure,” the Minister added.