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Russian rainy-day fund shrinks slightly to $154.95 billion in April
Abstract：(Reuters) – Russia‘s National Wealth Fund (NWF), which accumulates the country’s oil revenues, declined slightly in U.S. dollar terms to $154.95 billion as of May 1 from $155.2 billion a month earlier, finance ministry data showed on Monday.
div classBodysc17zpet90 cdBBJodivpReuters – Russia‘s National Wealth Fund NWF, which accumulates the country’s oil revenues, declined slightly in U.S. dollar terms to 154.95 billion as of May 1 from 155.2 billion a month earlier, finance ministry data showed on Monday.p
Russian authorities plan to use funds from the rainyday cushion NFW as the main source of financing for a budget deficit seen this year.pdivdivdiv classBodysc17zpet90 cdBBJodiv
Reporting by Reutersp
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