Russia » Economics
Author`s name Michael Simpson

Foreign Investments Almost Doubled in Russia

The highest position in the accumulated foreign capital falls on repayable
investment
Foreign investment in Russia's economy made up $6.3 billion in the first quarter of 2003, which is 1.7 times more than over the same year-ago period. As the Russian Federation Statistics Committee informs, foreign capital in Russia's economy made up $43 billion as of the end of March. It is 25% more as compared with the same year-ago period.

The highest position in the accumulated foreign capital falls on repayable investments such as loans provided by international financial organizations, trade loans, etc; the showing made up 51.8% (46.2% as of the end of March 2002). The share of direct investment made up 45.5% (49.9% as of the end of March 2002), of portfolio investment – 2.7% (3.9%).
 
Germany, the USA, Cyprus, Great Britain, France, the Netherlands and Italy are still the main countries making large-scale investments in Russia. 77.1% of the total volume of foreign investment in Russia fell upon these countries.

PRAVDA.Ru