National Welfare Fund

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Definition: National Welfare Fund

National Welfare Fund
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Full Definition of National Welfare Fund

A fund established in 2008 by the Russian government to guarantee the voluntary pensions of its citizens. Originally a part of the Oil Stabilization Fund, it is managed by the Russian Ministry of Finance and is an important fiscal tool for managing excessive liquidity, keeping inflation in check, and insulating the economy from the volatility of its oil and gas revenue.

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https://payrollheaven.com/define/national-welfare-fund/
Modern Language Association (MLA):
National Welfare Fund. PayrollHeaven.com. Payroll & Accounting Heaven Ltd.
April 20, 2024 https://payrollheaven.com/define/national-welfare-fund/.
Chicago Manual of Style (CMS):
National Welfare Fund. PayrollHeaven.com. Payroll & Accounting Heaven Ltd.
https://payrollheaven.com/define/national-welfare-fund/ (accessed: April 20, 2024).
American Psychological Association (APA):
National Welfare Fund. PayrollHeaven.com. Retrieved April 20, 2024
, from PayrollHeaven.com website: https://payrollheaven.com/define/national-welfare-fund/

Definition Sources

Definitions for National Welfare Fund are sourced/syndicated and enhanced from:

  • A Dictionary of Economics (Oxford Quick Reference)
  • Oxford Dictionary Of Accounting
  • Oxford Dictionary Of Business & Management

This glossary post was last updated: 20th November, 2021 | 0 Views.