Encyclopedia
Reserve Fund of a Subject of the Russian Federation
The reserve fund of a subject of the Russian Federation is a portion of the budget funds of a subject of the Russian Federation intended for fulfilling the financial obligations of the subject of the Russian Federation in cases where the income of the subject's budget is insufficient to finance its expenditure obligations1.
Budget Code of the Russian Federation dated 31.07.1998, as amended on 2018-12-27, Article 81.1, paragraph 2 // Official Gazette of the Russian Federation. 1998. No. 31. Art. 3823. ↩