“We predict everything, we have scenarios for the development of events, but the main thing is that the residents of the country can be absolutely sure that all social payments, all obligations of the state, they will be met regardless of what the price of oil will be,” he quotes his RIA News.
On April 8, it was reported that as of March 1, the accumulated liquid assets of Russia amounted to almost 18 trillion rubles.
This amount consisted of deposits of federal authorities (15.3 trillion rubles) and assets of regional governments (2.4 trillion rubles).
As noted by Minister of Finance Anton Siluanov, the volume of the National Welfare Fund by the end of the year, taking into account costs, will amount to 7 trillion rubles.
The head of the department added that these funds will be enough to fulfill budgetary obligations until 2024, even if the current cost of oil is maintained.
Siluanov also said that the agency does not plan to reduce federal budget spending in 2020.