As of January 1, the National welfare Fund amounted to 6.2% of GDP

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AK&M 16 January 2025 15:29

The volume of the National welfare Fund as of January 1, 2025 amounted to 11.88 trillion rubles. or 6.2% of GDP projected for 2024, which is equivalent to $116.837 billion. This is stated in the message of the Ministry of Finance.

Including: There are: 164.044 billion Chinese yuan; 87749 kg of gold in an impersonal form; 1.631 billion rubles in separate accounts for the accounting of NWF funds in the Bank of Russia. On deposits and subordinated deposits with VEB.The Russian Federation has placed 892.895 billion rubles.

In December 2024, the federal budget received income from the placement of NWF funds in foreign currency accounts with the Bank of Russia for the period from December 15, 2023 to December 15, 2024 for 11.029 billion rubles, which is equivalent to $107.1 billion.

In December 2024, part of the NWF funds in accounts of 55.489 billion Chinese yuan and 58.957 kg of gold in an impersonal form were sold for 1.3 trillion rubles. The proceeds were credited to a single account of the federal budget in order to finance its deficit.