In Russia run out of money for a “rainy day”, so I decided to combine two of the reserve Fund
Due to the economic crisis in Russia and falling oil prices, the Kremlin has had to actively use the money for urgent needs of the two reserve funds. Funds are constantly shrinking, so I decided to combine these funds and the total amount of a single “Treasury” will make 90,7 billion U.S. dollars. We are talking about the unification of the Reserve Fund (which was used to fill the budget deficit) and the national welfare Fund (created from income from […]
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