
Additional oil and gas revenues will be transferred to the fund when projected receipts exceed the baseline level
Russia's National Wealth Fund will be replenished between 2027 and 2029 with additional oil and gas revenues exceeding baseline levels, according to budget policy guidelines.
AI-generated summary
Budget policy guidelines for 2027-2029 outline federal budget parameters and deficit financing sources.
In addition, setting the overall federal budget parameters and sources of deficit financing in accordance with the fiscal rules will help keep the debt burden at a sustainable level
MOSCOW, October 2. /TASS/. Russia’s National Wealth Fund will be replenished in 2027-2029 with additional oil and gas revenues generated when projected receipts exceed the baseline level, according to the main guidelines for budget, tax, and customs tariff policy for 2027 and the planning period of 2028 and 2029, reviewed by TASS.
"In 2027-2029, as projected oil and gas revenues exceed the baseline level, additional oil and gas revenues will be generated and transferred to the National Wealth Fund," the document said.
In addition, setting the overall federal budget parameters and sources of deficit financing in accordance with the fiscal rules will help keep the debt burden at a sustainable level.
AI outlook — possibilities, not facts
National Wealth Fund will be replenished in 2027-2029 with excess oil and gas revenues.
Likely · Within years

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