There was no money left in the reserve fund. From February 1, it will cease to exist
Only 3.75 trillion rubles of the FNB remained in the reserve, but high oil prices give a chance to replenish it Finance Minister Anton Siluanov. Photo: kremlin.ru/(cc by 4.0) The money in the Russian reserve fund has ended , from January 1, 2018 it will be liquidated, and the budget deficit will be funded from the Federal Tax Service, which remains 3.75 trillion rubles, the Ministry of Finance announced. In 2017, the government spent more than 2 trillion rubles to cover the budget deficit.