You're reading: Associated Press: Russia’s finance minister sees 1 of 2 rainy day funds depleted by end of 2016

Associated Press: Russia’s finance minister sees 1 of 2 rainy day funds depleted by end of 2016

By Associated Press.
Russia's Finance Minister Anton Siluanov, seen attending a meeting in the Kremlin on Dec. 25, 2013.
Photo by AFP

MOSCOW - Russia says it will likely deplete one of its two rainy day funds by the end of next year as it tries to plug the state deficit amid the economic downturn.

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