Russian President Vladimir Putin has ordered the government to decide whether it is viable to limit the spending of the Russian sovereign wealth fund in view of expected lower oil and gas revenues in the energy transition in the coming decades. Russia's National Wealth Fund (NWF) holds some $190 billion in assets, most of which are liquid assets from revenues of oil and gas.
Current legislation allows Russia to spend money from the fund above a threshold of assets equal to 7 percent of gross domestic product (GDP) held by the fund. Putin, however,…Putin Looks To Limit Wealth Fund Spending
Понравилась статья? Подпишитесь на канал, чтобы быть в курсе самых интересных материалов
Подписаться