- Sputnik International
Russia
The latest news and stories from Russia. Stay tuned for updates and breaking news on defense, politics, economy and more.

Russia's investment fund could reach $6.7-7-bln in 2007 -1

Subscribe
(Ads paragraphs 3-4)

MOSCOW, August 8 (RIA Novosti) - Russia's investment fund, established to finance large-scale infrastructure projects, could reach 180-190 billion rubles (about $6.7-7 billion) in 2007, a deputy economics minister said Tuesday.

"The investment fund could reach a maximum of 180-190 billion rubles next year," Kirill Androsov said.

The deputy minister said the investment fund would reach this level, taking into account savings on the pre-term payment of Russia's Soviet-era debt to the Paris Club of Creditor Nations.

It was earlier reported that Russia would repay its remaining $21.3-bln debt to the Paris Club by August 21. Deputy Finance Minister Sergei Storchak said Russia would economize $7.7 billion on the early repayment of its debt to the Paris Club.

Newsfeed
0
To participate in the discussion
log in or register
loader
Chats
Заголовок открываемого материала