The stabilization fund, set up to store oil revenue to protect the budget in case oil prices drop, will grow by about 10 percent this month to 770 billion rubles ($27.8 billion), Interfax reported, citing a Finance Ministry official.
According to the agency, the fund will grow "by around 70 billion rubles in March," said Tatyana Nesterenko, the head of the ministry's treasury department.
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Russia Secures Budget By Storing Oil Revenue
The stabilization fund, set up to store oil revenue to protect the budget in case oil prices drop