Putin tells govt to look at raising spending threshold for 'rainy day' fund


Reuters | Moscow | Updated: 01-10-2021 13:18 IST | Created: 01-10-2021 13:00 IST
Putin tells govt to look at raising spending threshold for 'rainy day' fund
Russian President Vladimir Putin. Image Credit: ANI
  • Country:
  • Russian Federation

Russian President Vladimir Putin ordered the government on Friday to look at increasing the spending threshold for the National Wealth Fund to 10% of gross domestic product from the current 7%, the Kremlin said.

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