The Ministry of Finance will give loans from the NWF for the purchase of products of the Russian Federation

March 22. FINMARKET.RU – The Ministry of Finance of the Russian Federation has warned of the sharply increased risks of arrest and blocking of Russian assets in the United States and Western Europe, Izvestia writes, referring to the department’s explanatory note to amendments to the Budget Code on the management of funds of the National Wealth Fund. These risks will be protected by the provision of free funds from the NWF to foreign governments in the form of loans for the purchase of Russian products. It is this type of investment from the fund, judging by the explanatory note, it is proposed to make the main one. Experts supported the Ministry of Finance’s vision – on the one hand, this will really help reduce the risks of blocking, and on the other, accelerate the economy without artificially pumping it up with money.

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