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Investment in fixed assets grow by 0,2% in Russia in 2013

January 15, 2014, 11:43 UTC+3 MOSCOW
However, it is within a margin of error, Russian Minister of Economic Development Alexei Ulyukayev said
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Russian Minister of Economic Development Alexei Ulyukayev

Russian Minister of Economic Development Alexei Ulyukayev

© ITAR-TASS/Dmitry Astakhov

MOSCOW, January 15. /ITAR-TASS/. Growth of investment in fixed assets has made 0.2% year-on-year in Russia in 2013, Russian Minister of Economic Development Alexei Ulyukayev said on the sidelines of the Gaidar economic forum in the Russian capital on Wednesday.

“Despite the fact that we have nearly zero growth in investment in 2013 we have attained all the same in the last quarter that it is positive making 0.2% formally (year-on-year),” the minister said.

“However, it is within a margin of error. So, it can be said that the growth is zero,” he added.

Ulyukayev noted that growth of foreign investment had been observed last year. “But, in my mind, this is unstable growth, because it is based on the highest financial return level of around 30%,” he said.

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