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HomeLatest NewsThe Ministry of Finance of the Russian Federation said that the EU...

The Ministry of Finance of the Russian Federation said that the EU sanctions against the NWF will not affect the availability of funds for the government KXan 36 Daily News

Date: March 29, 2024 Time: 07:55:51

It is also noted that at the expense of the Fund, the government is preparing to cover the budget deficit in 2023 and 2024.

The EU imposed sanctions against the National Wealth Fund on Saturday, saying its funds were used last year to cover the Russian Federation’s federal budget deficit during a special operation in Ukraine.

Earlier, the Finance Ministry promised in 2023 to reduce the euro’s share in the National Wealth Fund to zero and leave only gold, yuan and rubles.

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Hansen Taylor
Hansen Taylor
Hansen Taylor is a full-time editor for ePrimefeed covering sports and movie news.
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