Russia said its Reserve Fund decreased 2.4% to $77.18 billion, while the National Welfare Fund shrank 1.9% to $93.38 billion in October.
The Reserve Fund was set up to cushion the federal budget against a fall in oil prices, and the National Welfare Fund is intended to help the government carry out pension reforms.
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The Finance Ministry said it did not channel money from the Reserve Fund to balance the federal budget in October largely due to high oil prices, with Russia's Urals oil blend hitting a historic high of $72.5 per barrel for 2009.
As of October 1, the Finance Ministry channeled a total of $67 billion from the Reserve Fund to balance the federal budget, including $10.3 billion in September.
In line with budget policy guidelines for 2010-2012 approved by the government in July, a total of $95.5 billion, or 7.9% of the country's GDP, will be spent on covering the budget deficit this year.
Russia's Reserve Fund is expected to fall to $50 billion by the end of the year and run out entirely in 2010, while the National Welfare Fund will fall to $91 billion by the end of the year and down to $3 billion by the end of 2012.
