26 Apr 2013 18:47

Russian Reserve Fund to get 149 bln rubles in 2013 - Finance Minister

MOSCOW. April 26 (Interfax) - The Russian Reserve Fund will receive 149 billion rubles worth of oil and gas revenues this year, Finance Minister Anton Siluanov told reporters.

Altogether, accounting for additional oil and gas revenues that are expected in connection with a higher forecast price for oil, 516 billion rubles were supposed to be transferred to the Reserve Fund for the year. However, the Finance Ministry would like to send 367 billion rubles of that amount to the federal budget as compensation for revenue shortfalls caused by the under-fulfillment of the privatization plan for 2013, he said.