DAVOS (Sputnik) — Russia’s current finance chief Anton Siluanov said earlier that money from the two sovereign wealth funds could be used to cover the state budget deficit starting next year, if the national economy did not rebound.
Asked if there would be any funds left by 2018, Kudrin told RIA Novosti that, "I think they [funds] will be partially preserved. The government will be spending them with care, judging by its intentions."
Russia is currently relying on the Reserve Fund. In 2016, the government plans to use 2.2 trillion rubles ($26.6 billion) to cover the budget deficit, using up to two-thirds of the RF savings.