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Russian Government pursues its policy without looking back to oil prices — Deputy PM

"We saved funds in hard times, accumulated them, and are now using a portion of reserves in a complicated situation," Arkady Dvorkovich added

VLADIMIR May 29. /TASS/. The Russian Government is pursuing its policy without looking back to oil prices, Deputy Prime Minister Arkady Dvorkovich said on Friday.

"Decline or growth of oil prices is neither good nor bad. After all, we should not pay attention to that. Let the financial market take notice of that. We should pursue the policy in such way that the oil price, be it $120 or $60 a barrel, is not actually meaningful for us," Dvorkovich said.

This is exactly how the government attempts to pursue the policy, Dvorkovich said. "We saved funds in hard times, accumulated them, and are now using a portion of reserves in a complicated situation," he added.