Russia's Oreshkin on Reserve Fund Availability

The video discusses how the economy has adjusted to declining oil prices, maintaining a stable budget despite fluctuations. It covers the budget deficit, reserve fund usage, and the strategy to finance through local markets. The potential for issuing Eurobonds is analyzed, considering market dynamics and investor interest.

How has the economy adjusted to the changes in oil prices according to the transcript?

• It has not adjusted and is struggling.

• It has fully adjusted and is not significantly affected.

• It is partially adjusted but still heavily impacted.

• It is unaffected by any changes in oil prices.

What is the target budget deficit for the current year?

• 3% of GDP

• 2.4% of GDP

• 5% of GDP

• 1% of GDP

What is the strategy for managing the budget deficit using the Reserve Fund?

• Gradually declining deficit and increasing local borrowings

• Cutting all government spending

• Relying solely on foreign investments

• Using all reserves immediately

What is the main reason for the demand for Russian Eurobonds?

• Russia's economic instability

• Strong current account surplus

• Lack of other investment opportunities

• High interest rates offered by Russia

What challenge is mentioned regarding the issuance of Eurobonds?

• Lack of investor interest

• Economic sanctions

• Market tensions and restrictions for US investors

• High inflation rates