MOSCOW, September 26 (Itar-Tass) — The sacking of Finance Minister Alexei Kudrin may become a negative signal for the investment community, experts told Tass on Monday.
“Kudrin enjoys authority and trust in the international investment community, and the balanced and reasonable budget policy maintained by his agency has always been a trump card on the Russian stock market,” chief analyst at Forex Club, Andrei Dirgin, said. “In case Kudrin is left outside the configuration of the existing power, this may become a negative signal for the investment community,” he stressed.
Otkrytie Capital analyst Vladimir Tikhomirov echoes him. “The dismissal of Kudrin may become a major blow to investor’s attitude to Russia,” he said. Tikhomirov explained it by the fact that the former finance minister “is considered one of the leading liberally minded politicians and enjoys big respect of Russian and foreign entrepreneurs”.
“Economic programs for investors are of priority, and Kudrin, of course, is one of bright professionals in that sphere. Friendliness towards business is his special feature,” chief analyst of Alpha Bank, Angelika Genkel, said.
Some sources on the market note that Kudrin’s sacking may be connected with the fact that “he must go all the same in order not to have troubles” in the worsening economic situation.