The Ministry of Finance called the size of the NWF at p.m. on Feb. 1

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As of February 1, 2023, the National Wealth Fund (NWF) reached 10.8 trillion rubles. This is specified Message On the website of the Ministry of Finance.

“As of February 1, 2023, the volume of the NWF reached 10.8 trillion rubles, or 7.2% of the GDP projected for 2023,” the report says.

It is stated that the size of the fund is equivalent to 155.2 billion dollars.

The volume of liquid assets of NWF (funds in bank accounts with the Bank of Russia) amounted to 6.3 trillion rubles.

February 6 Russian Finance Minister Anton Siluanov saidCurrently, the liquid part of the National Welfare Fund (NWF) is estimated at about 6 trillion rubles.

The National Wealth Fund is part of the federal budget, subject to separate accounting and management, to co-finance the voluntary retirement savings of the Russians, as well as to cover the national budget and pension fund deficit.

Former Ministry of Finance presented Lowering the NWF investment threshold to 7% of GDP.

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