URGENT: Russia's Stabilization Fund to exceed 1.3 trillion rubles by year's end

MOSCOW, August 4 (RIA Novosti) - Russia's Stabilization Fund will exceed 1.3 trillion rubles (about $45 billion) by the end of 2005, Trade and Economic Development Minister German Gref said at a government session Thursday.

The budget will run a 6%-7% surplus in 2005, Gref said. The government is discussing the country's social and economic development in the first half of 2005.