Putin: In 2009, Russia received 40 billion dollars of foreign investment

Foreign direct investment in Russia in 2009 exceeded 40 billion dollars, Prime Minister Vladimir Putin at a meeting of the commission to monitor the implementation of foreign investment.

“Last year was tough for both us and our partners, we are all confronted with serious difficulties, but nevertheless, the inflow of foreign direct investment in Russia is not stopped, and, according to preliminary estimates, the volume in 2009 amounted to more than than 40 billion dollars “, - quotes the prime minister” Interfax “.

“I think that in general we were able enough to cope successfully with the most acute manifestations of the global crisis, to keep our key competitive advantages and to resume growth in GDP”, - said Putin.

“And we must consider in order to create the most favorable conditions for foreign investment, bearing in mind that during the crisis unfolds fairly intense competition to attract these investments,” - he stressed.

Government will encourage those companies that will invest in the development of industry towns and high-tech industries.

Putin has once again talked about the need to create an enabling environment for investment in the Russian economy, including foreign investment: “We need to take further steps and measures to create the most favorable investment climate and the regime.”

According to him, refers to “an additional set of tax system, which should encourage innovation, to remove administrative barriers and streamline procedures of state control and the development of modern technical regulations.”

“All this should lead to the creation of an enabling environment for innovation, because our main task is to go gradually from monoekonomiki, diversify the economy”, - said Putin.

Russia could take on the foreign market in 2010, less than estimated 17.8 billion dollars, said at the forum Deputy Finance Dmitry Pankin. He named a figure of 10-12 billion, adding that this “maximum extent”: “We can not take anymore, but how much can we really take the market will depend on oil prices and the overall dynamics of the economy, as will a situation “- he said.

Pankin recalled that several months ago it was assumed that if the oil price in 2010 will be above 58 dollars per barrel (price, budgeted), the need for borrowing will be less. However, now it turned out - yes, price is higher, and the ruble is not 33 rubles per dollar, as budgeted, and 30 with the trend towards further strengthening “, - said Pankin.

He explained that such a situation leads to a significant decrease in revenues associated with the export of energy resources.


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