April 5 (Reuters) - Russia's National Wealth Fund (NWF)
stood at the equivalent of $154.5 billion as of April 1,
Russia's finance ministry said on Wednesday, up from $147.2
billion on March 1.
The finance ministry said the sovereign wealth fund was
equivalent in value to 7.9% of Russia's gross domestic product
(GDP), up from 7.4% a month earlier.
The NWF is a rainy-day fund built up from years of profits
on oil and gas exports.
The finance ministry said it had spent 137.1 billion roubles
($1.72 billion) of yuan and gold from the NWF during March to
cover the government's budget deficit.
($1 = 79.4950 roubles)
(Reporting by Darya Korsunskaya; Writing by Jake Cordell;
Editing by Kevin Liffey)
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