He noted that the government suggests that the funds of the National Welfare Fund "should be extended in time by at least three years."
At the same time, Kudrin himself believes that in 2020, at the peak of the crisis, “you need to spend more from the fund, if it is half or a little more than half, it is fearless.”
“If these funds are enough for two years, taking into account the severity of this crisis, it is also fearless, then the budget will be able to calmly borrow more for some time. The consequences for the budget system will stretch for two, three, maybe four years, ”TASS quotes Kudrina.
Earlier, Kudrin said that Russia's GDP decline would be about 5% by the end of 2020, if restrictions due to the coronavirus continue.