Source Pravda.Ru

Finance Ministry concerned about pension fund's operations on financial market

The Russian Finance Ministry is concerned about the development of the financial market with the involvement of the investments from the pension system, Bella Zlatkis, Deputy Finance Minister, told reporters today. The Deputy Finance Minister was quoted as saying "after approving pension laws the financial market has changed drastically, since a large institutional investor with great funds emerged there, which is capable of influencing the entire sector of the financial market".

However, the Finance Ministry "is limiting the participation of the Pension Fund to protect market participants' interests: the fund is allowed to operate on the financial market after an auction and can use a weighted-average price", the official said. The Deputy Finance Minister reiterated that this year the Pension Fund would invest RUR16bn (around $506m) into federal bonds (GKO), while in 2003 the Pension Fund's investments would total RUR46bn (around $1.45bn).

As it was reported earlier, the Pension Fund's investments will be RUR104bn (around $3.29bn) in 2002.

He announced his intention to create a news service called "Pravda," which means "truth" in Russian. Well, we are Pravda. The Pravda.Ru website has been working professionally in Russia since 1999

Elon Musk wants Pravda, but we already have it

The co-author of this disaster is the Dutch government, which did not find either strength or desire to save the lives of its citizens who were flying on that plane. The Dutch authorities did not demand Ukraine to comply with international aviation regulations

Blame MH17 on Russia: International investigation turns into demonic circus

On the second day of the St. Petersburg International Economic Forum, a plenary meeting was held, in which Russian President Vladimir Putin, French President Emmanuel Macron, Japanese Prime Minister Shinzo Abe, Chinese Vice President Wang Qishan and IMF head Christine Lagarde took part

World leaders unite with Russia at St. Petersburg International Economic Forum
Comments
USA wants China to become backward, third world state again
Elon Musk and a Truth called Pravda
Science Has Once Again Declared: ‘We Were Created’
World leaders unite with Russia at St. Petersburg International Economic Forum
What would you do if you were Kim Jong-un?
There's only one man who can help Russia and the West bury the hatchet
World leaders unite with Russia at St. Petersburg International Economic Forum
World leaders unite with Russia at St. Petersburg International Economic Forum
World leaders unite with Russia at St. Petersburg International Economic Forum
The Netherlands and Australia officially accuse Russia of downing MH17 over Donbass
The Netherlands and Australia officially accuse Russia of downing MH17 over Donbass
The Netherlands and Australia officially accuse Russia of downing MH17 over Donbass
How low will America go?
German expert explains why European Union and Russia develop ties speedily
How low will America go?
Elon Musk wants Pravda, but we already have it
Blame MH17 on Russia: International investigation turns into demonic circus
How low will America go?
How low will America go?
Skripals fall under heavy British pressure
Skripals fall under heavy British pressure