Page 70 - RusRPTNov21

reserves in the NWF in preparation for more pressure on the budget later in the decade.
The cap on the money that can be used for investment – especially into large scale infrastructure – has been increased from 7% of GDP to 10% in the new 2021-2024 budget that means even more money will be squirreled away for a rainy day going forward.
70 RUSSIA Country Report November 2021 www.intellinews.com