MOSCOW, March 2. The volume of reserve Fund of the government for February rose slightly. So the contingency Fund over the past month rose by 0.27% to 3,747 trillion rubles, the national welfare Fund (NWF) by 0.15% to 5,357 trillion. It is reported by the Ministry of Finance.
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On 1 February the amount of funds totaled 3,737 trillion and 5,349 trillion rubles, respectively.
In foreign currency funds amounted to USD 49.9 billion and $71,34 billion.
Balances in separate accounts to record funds of the Reserve Fund amounted to: $22,71 billion, €20,26 billion and 3.44 billion pounds. Income from placing funds of the Foundation from 15 January to 29 February amounted to $0.12 billion, or 9,14 billion.
Balances FNB in Bank of Russia on 1 March amounted to $19,67 billion, €20,76 billion and 3,83 billion pounds. On Deposit with VEB – 195,03 billion rubles and $6.25 billion Fund’s Income from placement of funds for a month and a half was $0.12 billion, or 8,98 billion.
Last year, the Finance Ministry spent about 2.6 trillion roubles from the Reserve Fund to Finance the budget deficit. This year the budget deficit also will be financed including the contingency Fund.