The treasury cannot be pardoned

In January, the volume of the National Welfare fund decreased by 23.23 billion rubles. This is reported by Interfax with reference to the data of the Ministry of Finance.

At the beginning of February, 3729.71 billion rubles remained in the FNB, which is equivalent to 66.26 billion dollars. On certain accounts for accounting for the FNB in ​​the Bank of Russia, on February 1, 15.65 billion dollars, 15.14 billion euros, 3.36 billion pounds and 80 million rubles were placed on February 1.

After the liquidation of the reserve fund of the FNB, he became the only Russian sovereign repository. The target component of the United Fund is the same as two predecessors: the balance of the insurance pension system, financing the budget deficit and co -financing of voluntary pension savings. The United Fund, as before, will be formed due to additional oil and gas revenues arising from the price of oil above $ 40 per barrel).

On January 10, the Ministry of Finance announced the liquidation of the reserve fund . In December 2017, the department noted, the entire capital of the fund stored in foreign exchange accounts in Sberbank - $ 7.62 billion, 6.71 billion euros and 1.1 billion pounds, that is, only 1 trillion of 420 million rubles, was used to cover the federal budget deficit. Thus, zero residues were formed on the fund’s accounts.

Since February 1 of this year, the Fund formally ceased to exist. At the same time, the agency referred to the law adopted in the summer on the unification of the reserve fund and the National Welfare Fund