The Russian National Wealth Fund will be increased by about $50 billion, according to a forecast in the "economic situation" report, published by the Russian Ministry of Economic Development.
The document notes that the replenishment of the NWF is one of the macroeconomic trends that will characterize this year, along with the projected surplus of the federal budget, acceleration of the economy growth to about 2% and inflation below 4%.
"One of the directly visible effects of the carried out reforms was the change in the correlation of the exchange rate and oil prices," the Interfax cited the report as saying.
At the beginning of this year the NWF stood at $65.15 billion.