The Ministry of Finance of the Russian Federation reported that the amount of funds from the National Welfare Fund (NWF) amounted to 11.1 trillion rubles. It is stated in this message. Online departments.
“As of March 1, 2023, the volume of the NWF was 11.1 trillion rubles, or 7.4% of GDP projected for 2023,” the agency said in a statement.
As of March 1, the liquid asset volume of NWF was recorded as 6.44 trillion rubles equivalent.
Previously reportedThat the Russian budget is replenished with 52 billion rubles in 2022. By investing funds from the National Welfare Fund in financial assets. At the same time, the deposit of NWF funds in foreign currency accounts with the Bank of Russia brought a negative result of minus 6.190 billion rubles, taking into account the loss that was not paid in the previous interest period.
The overall profitability of depositing the fund’s funds in accounts with the Bank of Russia in 2022 was minus 0.05% and plus 1.10% annually since the fund was created in January 2008. The return in rubles was minus 6.03% annually and plus 13.73% since the foundation of the fund.