MOSCOW, September 15 (RIA Novosti) - Russia"s...

The Reserve Fund was set up to cushion the federal budget against a fall in oil prices, and the National Prosperity Fund is intended to help the government carry out pension reforms.

Russia will raise some 603 billion rubles ($19.5 bln) in foreign loans and borrow 691 billion rubles ($22.4 bln) at home in 2010, Kudrin said.

Expenses on defense will stand at 1.243 trillion rubles ($40.3 bln), including 946 billion rubles ($30.65 bln) on the Armed Forces and 18.8 billion rubles ($609 mln) on the nuclear military sector next year, the Finance Ministry said in a report.

The country will spend 1.056 trillion rubles ($34 bln) in budget funds on national security and law enforcement in 2010, 5% up against relevant expenses in 2009.

Budget plans for next year include arrangements for the 2014 Olympics in Sochi, where 144.8 billion rubles ($4.7 bln) will be spent along with an APEC forum in the Far Eastern city of Vladivostok, where 71 billion rubles ($2.3 bln)

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