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Russia , Thursday 16 April 2026

Russia to cover budget deficit with rainy-day fund in 2022, FinMin says

Published on: Wednesday 27 April 2022

Russia to cover budget deficit with rainy-day fund in 2022, FinMin says Russia's National Wealth Fund (NWF), a rainy-day cushion containing oil revenues, will be the main source of financing for a budget deficit seen at 1.6 trillion roubles ($21.6 billion) or more in 2022, the finance minister said on Wednesday.



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