Russian President Vladimir Putin answered the question whether the country was going to spread the “Cubia” – the National Welfare Fund (FNB) is called. He said this during the plenary session at the St. Petersburg International Economic Forum (PMEF). Broadcast is conducted on YouTube.
Responding to the Discussion moderator, the president said it was already done. “Hundreds of billions of rubles are sent already to infrastructure projects,” he stressed, adding that the tools are trying to send to those projects that are payback. “And from an economic point of view, and in the interests of the state is the right approach,” he believes.
Putin once again indicated that funds are already standing out and will be allocated in the future. “We are talking about railway communication, the construction of roads, on the development of industry, give these funds to large projects and objects,” the president explained.