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Econ ministry raises Russia’s 2015 capital investments growth to 2%

September 26, 2014, 12:05 UTC+3 MOSCOW
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MOSCOW, September 26. /ITAR-TASS/. Russia’s Economic Development Ministry has increased its forecast for the country’s 2015 capital investments’ growth to 2% from 1.5% in its macroeconomic forecast till 2017 approved Friday.

The baseline forecast of the growth for 2016 and 2017 remained the same at 1.6% and 2.9% respectively, while in 2014 the capital investments are expected to decrease by 2.4%.

The country’s railroad cargo tariffs will grow by 10% in 2015, while in 2016 and 2017 the tariffs will rise by 5.5% and 4.5% respectively, the ministry said, adding that passenger transportation tariffs in the regulated sector will rise similarly to the cargo ones.

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