Low investment activity hinders acceleration of Russia’s economic growth

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TASS, Moscow :
Low investment activity of business is holding back growth in the Russian economy, according to the report on the economic situation in Russia, prepared by experts of the Russian Presidential Academy of National Economy and Public Administration (RANEPA) in cooperation with the Gaidar Institute.
“The recent decisions of international rating agencies that are favorable for Russia are based primarily on the macroeconomic indicators it demonstrates.
 Judging by the President’s State of the Nation Address to the Federal Assembly, the goal of preventing it from deteriorating is still considered one of the most urgent.
However solving another vital task – growth at the expense of growth of investment – raises many more questions,” the report said.
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