17:29 GMT +305 December 2016
Live
    Onlinenews (archive)

    RUSSIA CAN GET INVESTMENT RATING LATE THIS YEAR

    Onlinenews (archive)
    Get short URL
    0 0 0 0
    MOSCOW, February 10 (RIA Novosti correspondent Marina Gradova) - Russia can obtain investment rating late this year or early next year, said Deputy Economic Development and Trade Minister Arkady Dvorkovich.

    "Investment rating from one agency is not enough," he said during a session of the Club of Directors of the Union of Industrialists and Entrepreneurs.

    According to Dvorkovich, a higher rating requires, apart from completing the elections, the demonstration that "we are serious about the administrative reform, the reform of the financial sector and natural monopolies." Besides, he believes that rating agencies will also take into account the law on insuring bank accounts.

    Nonetheless, Dvorkovich said that this rating was one of the numerous problems of the Russian economy. It was important that the work be aimed at forming serious prerequisites for long-term economic growth, Dvorkovich stressed.

    The international rating agency, Moody's, gave Russia an investment rating last year.

    Community standardsDiscussion
    Comment via FacebookComment via Sputnik
    • Сomment

    Top stories