Minister of Economy, Regional Development and Trade of Chechnya Rustam Shaptukaev said that more than 547 billion rubles of private investments have been attracted to the republic’s economy in five years. This was reported by TASS.
The Minister emphasized that the annual investment volume has doubled. According to him, the annual volume of investments in the capital of the republic has doubled to 120 billion rubles.
Shaptukaev added that 1,152 investment projects worth a total of 129 billion rubles have been implemented in Chechnya since 2018. This created employment for approximately 13 thousand people.
Before that, Vitaly Sergeychuk, head of VTB’s corporate and investment business unit statedIt is predicted that the number of Russian citizens with brokerage accounts on the Moscow Stock Exchange will reach 30 million by the end of 2023.
According to Sergeychuk’s forecasts, by 2026 the number of private investors in the Russian Federation will increase to 40 million. It is stated that they will play an important role by participating in the development of the Russian economy in the coming years, and that the collective investments made by individuals in exchange-traded funds during this period will exceed 500 billion rubles.
Formerly Central Bank of the Russian Federation raised key rate up to 15%.
Source: Gazeta
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