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  Wednesday, November 13, 2019
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Russia's President Vladimir Putin has called for transforming the Stabilization Fund in his budget 2008-2010 address Friday
Russia's President Vladimir Putin has called for transforming the Stabilization Fund into the Reserve Fund and the Future Generations Fund in his budget 2008-2010 address Friday. "The Reserve Fund and oil and gas profits used to finance federal budget expenses should be fixed in legislation and linked to GDP with a three-year transition to a new system of oil and gas profit management," the address reads.
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