Direct foreign investment in Russia's economy

Direct foreign investment in Russia's economy in January-June almost tripled year-on-year to hit $26 billion, a deputy economics minister said Tuesday.

"Direct foreign investment was about $26 billion in the first six months of 2006," Kirill Androsov said, adding that the figure was preliminary and could differ from assessment of the Central Bank and the State Statistics Service.

In January-June of 2005, direct foreign investment in the Russian economy stood at $9.3 billion, the Central Bank said.

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