Russia's Wealth Fund to get additional oil and gas revenues in 2027-2029, officials say
Setting federal budget parameters and deficit-financing sources under fiscal rules is meant to keep the debt burden at a sustainable level, according to TASS.
Written by EGazette’s AI. The facts are drawn from cited sources; the analysis is the AI’s own.
Russia's National Wealth Fund is set to be replenished with additional oil and gas revenues over 2027-2029, according to TASS.
The plan is tied to the setting of overall federal budget parameters and sources of deficit financing in line with the country's fiscal rules, the report said.
Officials cited by TASS said the approach is intended to help keep Russia's debt burden at a sustainable level over the three-year period.
The report did not specify the projected size of the additional contributions or how they compare with previous years' revenues.
Sources
- Russia’s Wealth Fund to be replenished with additional oil and gas revenues in 2027-2029 — TASS (Russia)
EGazette summarizes reporting from multiple sources; follow the links for the originals.
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