Russia won’t replenish national wealth fund this year

Russia won’t replenish national wealth fund this year

Russia’s National Wealth Fund (NWF) will not be replenished with additional revenue from oil and gas exports this year, the Accounts Chamber announced on Thursday. In its report on the management of the NWF in 2022 and the first half of 2023, the Accounts Chamber explains that the government has had to increase spending to…

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