Simbo
Full Member
- Joined
- Oct 25, 2010
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- 5,604
Monthly numbers on the national wealth fund are out. More relevant this month because December is when most bills fall due and when they have to draw on various funding sources, such as the nwf, to plug the budget deficit.
The 1.3 trillion rubles withdrawn equals what was already planned in their budget reports during the year, released around mid-2024. Problem is they increased the expected deficit by another 1.5 trillion rubles, without showing how that would be funded. That was around September, so the end figure could be higher. Its not coming from the nwf apparently and its not coming from bond sales, they barely reached just short of their target on those after some last-minute shenanigans.
https://bsky.app/profile/prune602.bsky.social/post/3lfuhcotvmk25
The 1.3 trillion rubles withdrawn equals what was already planned in their budget reports during the year, released around mid-2024. Problem is they increased the expected deficit by another 1.5 trillion rubles, without showing how that would be funded. That was around September, so the end figure could be higher. Its not coming from the nwf apparently and its not coming from bond sales, they barely reached just short of their target on those after some last-minute shenanigans.
https://bsky.app/profile/prune602.bsky.social/post/3lfuhcotvmk25