Russia's National Wealth Fund Assets Rise to $141.5 Billion

  • Moscow, Russian Federation
  • 6 June 2024
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The Russian Ministry of Finance revealed that the assets of the Russian National Wealth Fund, the sovereign wealth fund, reached the equivalent of $ 141.5 billion as of June 1, or 7.1 percent of the country's gross domestic product, compared to $ 138.9 billion on May 1.

The fund's total liquid assets are equivalent to $56.2 billion, or 2.8 percent of projected gross domestic product, down from $56.4 billion a month ago. The Russian economy grew by 5.4 percent in the first quarter of 2024, according to official figures.

Source (Al-Arabiya.net Website, Edited)

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