MOSCOW, October 13 (RIA Novosti) -The Russian government could spend up to 1.5 trillion rubles (over $37 billion) in 2015-2017 to finance the federal budget in light of falling oil prices and the weakening of the national currency, the Finance Ministry said Monday.
"Our budget policy is facing several risks. We are expecting some 1.5 billion rubles, or almost half of the Reserve Fund, to be spent in the next three years [to counter those risks]," First Deputy Finance Minister Tatyana Nesterenko said.
Russia's Reserve Fund totals some 3.5 trillion rubles ($74 bln) as of September 2014.
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