According to the ministry, the volume of liquid assets of the National Wealth Fund (NWF) on March 1 amounted to 10.1 trillion rubles. This is enough to cover the shortfall in revenues from lowering oil prices to $ 25-30 for six to ten years.
It is noted that a sufficient amount of liquid assets of the NWF is a guarantee of fulfilling all the obligations of the state and maintaining macro stability with steadily low oil prices.
Earlier, the Bank of Russia announced a decision not to buy currency on the domestic market within 30 days as part of the implementation of the budget rule.
On March 9, oil prices fell 30% amid the collapse of the OPEC + deal. Following this, the ruble depreciated against the dollar to 72.5 and to the euro to 82.7.