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Russia Reserve Fund

Russian Federation US$ 16.2 Billion Origin: Oil

Profile Directories

Sovereign Wealth Funds

Public Funds

Established: 2008
Transparency Rating: 5
View SWFI Direct Transaction Data
Entity Structure: Fund
Population Est.: 143.3 million – 2012

Fund Details

Strategy & Objectives

SWF Asset Allocation

Key Executives and People


Main Office

Ministry of Finance of the Russian Federation
109097, Moscow, Ilinka Str. 9
Russia
Tel: +7 (495) 987-93-72


Governance

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Summary

The reserve fund substituted the Stabilization fund of the Russian Federation. However in contrast to Stabilization fund the Reserve fund accumulates not only federal budget revenues from production and export of oil, but also revenues from production and export of natural gas and oil products. The Reserve Fund contributes to stability of the Russian Federation economic development by means of reducing inflationary pressure and insulating national economy from volatility of earnings generated by export of non-renewable natural resources. The Reserve Fund is a part of the federal budget assets. The Reserve Fund is dedicated to ensure financing of the federal budget expenses and maintaining federal budget balance in case oil and gas budget revenues decline. The maximum size of the Reserve fund is limited to 10% of the Russian Federation GDP forecasted for the corresponding fiscal year.


Background

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Historical Assets Under Management – Reserve Fund

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