Russia will exhaust its Reserve Fund next year and also spend 783 billion rubles ($12.2 billion) from the National Wealth Fund to cover the budget deficit, according to a proposal submitted by the Finance Ministry for consideration by the government.
Reuters: Russia to exhaust Reserve Fund in 2017 – Finance Ministry proposal
A Russian ruble coin is pictured in front of the Kremlin in central Moscow, on Nov. 20, 2014.
