Sanctions force one fourth of investors in state securities to leave Russia – minister
According to the Minister of Finance Anton Siluanov, the Cabinet of Ministers made the most important decisions in order to find internal resources that will replace the departed investors and allow to reproduce the sources of funds necessary for the development of the economy
MOSCOW, August 22. /TASS/. One fourth of all investors in state securities have been forced to leave the Russian market due to sanctions, Finance Minister Anton Siluanov said at a meeting of the Council for strategic development and national projects headed by President Vladimir Putin.
"We see that a considerable part of financial investors, foreign investors, have left the market. I would like to say that regarding investments in state securities alone those are one fourth of all investors. Moreover, there were also investments in enterprises, entities," he said.
Amid those conditions the government has taken a whole number of important decisions for finding resources that will replace investors that have left, and allow replacing the sources of funds required for development of the economy, the minister noted.