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    STABILIZATION FUND COMES UP TO 122 BILLION RUBLES

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    MOSCOW, MARCH 2 (RIA NOVOSTI) - As of now, the size of the stabilization fund stands at 122 billion rubles, acting Prime Minister Alexei Kudrin told the Russian president at the Tuesday meeting.

    Last year the Stabilization Fund had 106 billion rubles.

    "We have calculated the oil profits, exceeding 20 dollars per barrel this year. They are 16 billion rubles," Kudrin said.

    The acting prime minister recalled that the stabilization fund "means insurance in case of the lowering of oil prices. It will help us implement the budget."

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