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Finance Ministry proposes to limit the minimum account balance of the Treasury strip on 200 bln
28 February 2014, Friday
The Finance Ministry proposes to limit the amount of available funds in the accounts of the Treasury, necessary to fulfill the obligations of the budget, on 200 billion rubles, and the rest is placed in bank accounts, said Finance Minister Anton Siluanov on board the Treasury.
"I think that might be thinking about reducing the so-called minimum balance from $ 600 billion to $ 200 billion, while creating operational mechanism - if necessary - market borrowing to finance peak in spending budget," - he said, urging also actively mechanisms used to repurchase the management of liquidity.
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