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Government to disburse 200 billion rubles to fight crisis

June 28, 2012, 18:23 UTC+3
Finance Minister Anton Siluanov expressed the hope that there would be no occasion for the government to put the resources to use this year
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MOSCOW, June 28 (Itar-Tass) —— The Russian government will be able to disburse 200 billion rubles from the reserve fund for anti-crisis measures in 2012, if need be, Finance Minister Anton Siluanov told a news briefing following the government’s meeting.

“In case of a worsening of the situation on the world markets and in the Russian economy the government is empowered to use 200 billion rubles from the reserve fund this year for anti-crisis measures to support the most socially vulnerable groups of the population, organizations and financial structures,” he explained. At the same time Siluanov  expressed the hope that there would be no occasion for the government to put the resources to use this year.

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