The Ministry of Finance will establish “superupravlyayuschego” with assets of 7 trillion
January 13, 2009 – 9:24 pmThe Government of Russia in March to discuss the bill on goskorporatsii “Russian Financial Agency (RFA), in which the administration may be transferred to the financial assets of Russia up to 7 trillion rubles. This writes the newspaper “Vedomosti”.
Bill on the establishment of the ARF was developed in the Ministry of Finance. It is expected that the ARF will be managed by means of national welfare fund (2.5 trillion rubles), a reserve (4 trillion rubles) and pension funds (350 billion rubles).
ARF will select professional managers to invest and own. Analysts note that in a crisis contingency fund will be used to finance the budget deficit of Russia, so such a large amount goskorporatsii do not get.
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