Reserve Fund to provide 1.83 trln rubles for 2010 deficit; NWF - 413.5 bln rubles
MOSCOW. Sept 23 (Interfax) - Russia will allocate 1.832 trillion rubles from the Reserve Fund and 413.5 billion rubles from the National Welfare Fund to finance the budget deficit in 2010, Deputy Prime Minister and Finance Minister Alexei Kudrin said at a briefing following a government session that examined the draft 2010 budget.
Earlier plans called for spending 2.187 trillion rubles from the Reserve Fund and 58.4 billion rubles from the National Welfare Fund to cover the 2010 deficit.
Kudrin said the increase in spending from the National Welfare Fund did not mean planned borrowing in 2010 had been reduced. "The borrowing will not be revised," he said.