Kudrin told how Putin saved the Russian economy
The decision of Vladimir Putin to back funds ten years ago saved the Russian economy, believes his old colleague, ex-Finance Minister Alexei Kudrin, currently heads the Accounts chamber.
The decision of Vladimir Putin to back funds ten years ago saved the Russian economy, believes his old colleague, ex-Finance Minister Alexei Kudrin, currently heads the Accounts chamber.
Putin in 2008 held the post of Prime Minister.
The project has incorporated a series of interviews with Russian and foreign politicians, public figures and athletes who know Putin for many years.
for reviews Kudrin, development funds "played a crucial role in rescuing the economy, social costs. "" we have not reduced salaries, and pensions even increased 2-fold in the period in the crisis. This is very important, " he said.
By the beginning of the fall in the Stabilization Fund had accumulated significant reserves and in 2008 the management decided to divide it into Reserve Fund and national welfare Fund. Due to the financial contingency Fund authorities turned out to Express support for the economy and to fully perform all obligations of the budget. By 2018, the Reserve Fund was totally exhausted and ceased to exist.
currently, the authorities sent all the extra oil and gas revenues in the Fund, which now performs the function of a "safety cushion" for the budget.
NWF, according to the Ministry of Finance of Russia of December 1 of the current year amounted to 7, 9 trillion rubles, or 124 billion.
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