Sunday, March 7, 2021
Sign-In
|
Sign-Up
|
Contact Us
|
Bookmark
Home
News
Articles
Forum
Search
Directory
Blog
Accounts
Business
|
Politics
|
Technology
|
Entertainment
|
Sport
|
Other
|
All Published News
|
Russia's Stabilization Fund will top 4.065 trillion rubles in 2007
Russia's Stabilization Fund will top 4.065 trillion rubles ($150.31 billion) in 2007, a source in the Finance Ministry said Wednesday. The fund, established in 2004 to accumulate windfall profits from oil prices and hold back inflation by neutralizing an influx of petrodollars, will stand at 5.343 trillion rubles ($197.5 billion) in 2008 and 6.419 trillion rubles ($237.3 billion) in 2009, the source added. Latest forecasts put the Stabilization Fund's earnings in 2006 at 1.651 trillion rubles ($61.05 billion), against the initially forecasted figure of 857.5 billion rubles ($31.7 billion). As of June 1, 2006, the fund stood at 1.929 trillion rubles ($71.33 billion) and is expected to reach 3 trillion rubles ($110.9 billion) by the year's end.
Related News
GAZ said Tuesday its consolidated net profit calculated to International Financial Reporting Standards totaled 3.08 billion rubles
Gazprom said Tuesday its earnings from natural gas supplies to Europe this year would total $37 billion
Russia's foreign minister Tuesday said Russia and Iran had no plans to create a "gas OPEC"
Moratorium on the privatization of cultural monuments could be lifted later this year
Demographic project will cost 195 billion rubles
Oil prices could jump to $100 per barrel
Russia's fund to collect petrodollars from high oil prices could total about $110 billion by the end of the year
Leonid Roshal said health care had deteriorated after the two departments merged in 2004
Russia's information and communications market could grow by two times to account for 10% of the country's gross national product in four years
Russia's president said Monday that the 2008 budget should be adopted before October 2007
Specialists from the Russian Mission Control Centre have started dumping a waste-filled Progress transport ship in the ocean
Gazprom may start making a profit from natural gas sales on the domestic market in the next few years
Ukraine's fuel and energy ministry said Monday the country faces a massive deficit of natural gas this year
Russia's Central Bank said Friday it had revoked the operating licenses of three banks over breaches of banking legislation
The following rates of exchange of foreign currencies to the ruble of the Russian Federation
Russia's Stabilization Fund will receive 1.55 trillion rubles from 2007's budget
The idea of creating a nuclear and uranium enrichment-free zone is the first step to ensure the non-proliferation regime
Israel has blocked Russian oil holding company RussNeft from bidding for an oil refinery in the country
The third and fourth floors of an apartment block have collapsed as a result of an explosion of gas in the apartment building in the west of Moscow
The State Duma lower house of the Russian parliament on Friday approved the bill dubbed "a dacha amnesty"
May
June 2006
Jul
Mo
Tu
We
Th
Fr
Sa
Su
29
30
31
1
2
3
4
5
6
7
8
9
10
11
12
13
14
15
16
17
18
19
20
21
22
23
24
25
26
27
28
29
30
1
2
3
4
5
6
7
8
9