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Putin: 120 billion rubles will be allocated for the additional capitalization of VEB from the FNB

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Russian President Vladimir Putin, in his speech at the St. Petersburg International Economic Forum, announced the allocation of 120 billion rubles. from the National Wealth Fund (NWF) for the “Project Finance Factory” of the state corporation VEB.RF. from the National Welfare Fund. Such a measure will provide additional lending for demanded initiatives, projects in the amount of about half a trillion rubles,” the president said. The Fund’s liquid assets decreased from RUB 9.7 trillion to RUB 7.9 trillion. According to the Ministry of Finance, as of May 1, about 529.8 billion rubles were on deposits with VEB. In 2021, a new strategy for VEB Group was approved. It is assumed that as part of the strategy, VEB Group will invest about 6 trillion rubles. to the Russian economy by the end of 2024, in total, together with partners – about 17 trillion rubles. Today, June 17, the head of the state corporation Igor … .

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