Heman’s head of Herman Gref offered more often to translate funds from the sale of oil and gas within the budget rule, to the National Welfare Fund (FNB). In an interview with RBC, he noted that this is the only necessary change in the current practice.
take money, according to banker, it is worth more than once a year, as at present, but, for example, once a quarter. This frequency would allow better planning and use balance of funds.
In all the rest, Gref added, the budget rule should not be changed. The idea of using the FNB funds above the accumulated minimum head of the Sberbank supported.
The budget rule currently in the current form since 2018 means that the Ministry of Finance buys currency on income from the sale of oil at a price above the established level (in 2021 – $ 43.3 per barrel), and then the Central Bank lists it to the FNB . In fact, we are talking about the direction in the reserves of oil and gas income, exceeded a specific bar.
Tracts of funds accumulated in the FNB remain one of the main discussion topics in the government. On the eve of the Russian President Vladimir Putin, in the Epistle to the Federal Assembly, said that part of the fund of the foundation should be allowed to infrastructure projects in Russia.