Russia's National Wealth Fund contracts by 111.7 bln rubles to 12.166 trln rubles in Aug

MOSCOW. Sept 4 (Interfax) - Russia's National Wealth Fund (NWF) totaled nearly 12.166 trillion rubles, the equivalent of $133.416 billion or 6.4% of projected GDP for 2024, on September 1, the Finance Ministry said.

The NWF had contracted by 111.7 billion rubles from August 1, when it totaled nearly 12.278 trillion rubles, the equivalent of $142.216 billion, or 6.4% of GDP.

The NWF's liquid assets were the equivalent of 4.854 trillion rubles, or $53.236 billion, on September 1, corresponding to 2.5% of GDP. The assets totaled 4.666 trillion rubles, or $54.038 billion, or 2.4% of GDP, the previous month.