Editing Economy of Russia (section)

===National wealth fund ===
{{see also|Russian National Wealth Fund}}
On 1 January 2004, the [[Government of Russia]] established the [[Stabilization fund of the Russian Federation]] as part of the [[Federal budget of Russia|federal budget]] to balance it if [[oil price|price of oil]] falls. On 1 February 2008, the Stabilization fund was divided into two parts. The first is a reserve fund equal to 10% of GDP and was to be invested in a similar way as the Stabilization Fund. The second is the National Welfare Fund of the Russian Federation to be invested in more risky instruments, including some shares in domestic and foreign companies. The Reserve fund which started with $125 billion was exhausted by 2017 and discontinued. The National Wealth Fund had started with $32 billion in 2008 and by August 2022, peaked at $201 billion.<ref>{{cite web |title=Russian National Wealth Fund up almost $23 bln in July to over $200 bln, ministry says |url=https://tass.com/economy/1490871 |date=8 August 2022 |access-date=20 January 2024 |archive-date=3 December 2022 |archive-url=https://web.archive.org/web/20221203193014/https://tass.com/economy/1490871 |url-status=live }}</ref> December 2023 saw it fall to $133 billion with liquid assets also down at $56 billion.<ref>{{cite web |title=Russia's National Wealth Fund totals $135 bln as of January 1 — finance ministry |url=https://tass.com/economy/1733351 |date=17 January 2024 |access-date=18 January 2024 |archive-date=18 January 2024 |archive-url=https://web.archive.org/web/20240118170246/https://tass.com/economy/1733351 |url-status=live }}</ref>