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— Vladimir Putin"Let us not forget that we have two governmental reserve funds: the Reserve Fund and the National Wellbeing Fund that represent together $100 billion."
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We had a very good situation in 2005. The common budget had a volume of 80 billion dollars per year. Thousands of jobs were created in Germany by Russian investments. At the same time, a large number of German companies invested in Russia. There were countless cultural and social contacts.
— Vladimir Putin
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Given the cost of borrowings and the $100 billion in Government reserves, there is no reason for us to borrow. We should review the situation carefully. Besides, borrowings are possible, but we must understand what is more profitable at this point.
— Vladimir Putin
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