Foreign Investment Rises 32 Percent, Net Outflow Remains

Foreign investment into Russia in the first half of 2013 was $99 billion, a 32 percent rise from the same period a year ago, according to the State Statistics Service.

Of this, $12 billion was direct foreign investment, Prime reported.

However, Russian investment abroad increased by 80 percent to $126 billion, resulting in a net outflow of $27 billion during the period.

"As at June 30, 2013, there was $370 billion of accumulated foreign capital in the Russian economy, 11 percent more than at the end of the same period last year," the State Statistics Service said.

(MT)