Russia must provide good conditions for investments during the sanction period / News / News agency Inforos
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Russia must provide good conditions for investments during the sanction period

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Russia should create the most favorable conditions for investors during the period of sanctions against it, First Deputy Prime Minister and Finance Minister Anton Siluanov said at the Moscow Financial Forum on Thursday.

"We need to use tools [for investments growth - TASS] on account of macroeconomics and on account of creating conditions for investors. We need during this period of effective sanctions to create favorable internal conditions for international investors and for our companies and enterprises," TASS has quoted Siluanov as saying.

The government has prepared an investment plan with participation of state-run companies, the official said. "The state-owned companies should once again make a serious review, and we will do so together with them, in terms of increase of their investment programs. The railway program of Russian Railways alone over six years amounts to 7 trillion rubles ($101.4 bln), which is comparable with investments of the federal budget," Siluanov said.

The increase of capital investments in Russian GDP to 25% from 20.7% in 2018 will speed up economic growth to 3.5%, the official said earlier at the Forum.

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