According to the results of April, the National Wealth Fund (NWF) was renewed by 600 billion rubles, at the beginning of May its volume was 12 trillion 475 billion rubles. The increase was also driven by currency revaluation. informs The newspaper Novye Izvestia cites statistics from analysts at the Ministry of Finance (MinFin).
“The National Welfare Fund replenished about 600 billion rubles in a month due to currency revaluation. As of May 1, the volume of the National Wealth Fund reached 12 trillion 475 billion rubles (or 8.3% of GDP).
At the same time, in the last four months, the volume of NWF has increased by 2.1 trillion rubles. Exchange rate and currency revaluation totaled approximately 2.5 trillion and net asset sales of approximately 400 billion. The latter was made to close the gap in oil and gas revenues from the plan.
5 May on the Ministry of Finance website (MinFin) published Accordingly, information that at the beginning of May this year the amount of funds in the National Wealth Fund (NWF) amounted to 12.47 trillion rubles. This figure turned out to be equal to 8.3% of Russia’s projected gross domestic product (GDP) for 2023.