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President of Luxembourg Forum welcomes Russia’s attention to threat of nuclear terrorismWorld December 03, 3:11
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Reconciliation agreements signed with 6 Syrian settlements — Russian Defense MinistryWorld December 02, 23:50
Russia doesn't understand why Kiev still continues operation in Donbass — LavrovRussian Politics & Diplomacy December 02, 22:59
MOSCOW, December 26. /TASS/. Russia’s Finance Ministry will replenish the country’s Reserve Fund by 250 billion rubles ($4.7 billion) in 2014, of which 100 billion rubles ($1.9 billion) will be used to boost VTB Bank’s second-tier capital, Finance Minister Anton Siluanov said on Friday.
“We’ll channel some resources into the Reserve Fund, partly because our ministries and departments will underperform a part of their obligations,” Siluanov said.
“We plan to channel about 250 billion rubles into the Reserve Fund,” the finance minister said.
Of this amount, 100 billion rubles “should be invested in securities, those resources, which we plan to use to recapitalize VTB Bank,” he said.