Original images vs. portraits on canvas: An artist's eye versus the camera lensSociety & Culture March 30, 17:24
Putin thanks CNBC anchor for correctly setting Crimea apart from UkraineRussian Politics & Diplomacy March 30, 16:57
Putin says no plans to restrict rocket engine supplies to USScience & Space March 30, 16:49
Russia’s Space Force deploys high-tech space monitoring systemsMilitary & Defense March 30, 16:25
Putin stresses Russia’s military activities in Arctic threaten no oneRussian Politics & Diplomacy March 30, 16:18
Russia and Norway team up to clean Arctic of nuclear wasteWorld March 30, 16:10
Putin: Corruption must be fought against, but using this issue to score points is wrongRussian Politics & Diplomacy March 30, 16:07
Putin blasts 'worthless' allegations of 'Russian aggressiveness'Russian Politics & Diplomacy March 30, 15:57
Putin comments on recent protests across RussiaRussian Politics & Diplomacy March 30, 15:49
VLADIMIR, August 17. /TASS/. Spending of funds from the National Wealth Fund should be suspended in the near future, Presidential Aide Andrey Belousov said on Monday.
"Today it’s not that we’ve approached but we’re close to the moment when we should stop," he said, adding that he himself earlier subscribed to the view that funds from the National Wealth Fund should be spent on big projects.
Currently, half of those funds are "blocked" in non-liquid forms, Belousov said, adding that the remaining two trillion (roughly $30 billion) should not be spent. "That two trillion is a relatively low level and of course we need to try to maintain it as a safety cushion," he said.
He also said that one trillion from the fund (worth 4 trillion rubles or $61 bln) has already been spent on structural projects, including those providing logistics in Russia’s Far East.