The Russian government has suspended, until February 1, 2012, the provision of Resolution No. 955 of December 29, 2007, "On the Procedure for Managing Reserve Fund Assets," insofar as it required the publication on the Russian Finance Ministry’s website of information on income from the management of Reserve Fund assets being credited to that fund. It has also suspended the provision of Resolution No. 18 of January 19, 2008, "On the Procedure for Managing National Welfare Fund Assets," insofar as it required the publication on the Finance Ministry’s website of information on income from the management of National Welfare Fund assets being credited to that fund. ***Also suspended until January 1, 2013, are the provisions requiring the submission of reports on the formation of the Reserve Fund and the National Welfare Fund, the submission of reports on the receipt and use of federal budget oil and gas revenues, the formation of the Reserve Fund and the National Welfare Fund, the posting on the Finance Ministry website of information on the receipt and use of federal budget oil and gas revenues, and the crediting of funds to the Reserve Fund and the National Welfare Fund. ** *///// It has been decided to spare citizens this unsettling information. Presumably, strictly as part of the national "Healthcare" project. Otherwise, the pace at which the people’s petrodollars are being carved up has a negative effect on the rate of ischemic heart disease. The tables just don’t look very flattering.
For now, still available here. This is what Effective Management with properly defined goals looks like. Given: citizens are unhappy with the scale of the looting and want to know why the money is disappearing so fast and to unknown destinations. Solution: shut down the data on where the money is going and how fast. So this is what government openness and budget transparency look like in Russia now:
http://www1.minfin.ru/ru/reservefund/statistics/rf_neftegaz/ Help yourselves, citizens.
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