Imf Believes Influx Of Direct Foreign Investments Into Russia May Grow

Russia's decision on an early discharge of payments on the credits extended by the International Monetary Fund may have a favourable effect on the influx of direct foreign investments into the Russian economy. IMF managing director Horst Keller, who is completing his three-day visit to Moscow on Friday, expressed this opinion at a press-conference. He stressed that he saw this decision, announced by Russian president Vladimir Putin, "in the context of work on strengthening the Russian economy and ensuring trustworthiness." Moreover, he said, this decision proves that Russia is and will continue to be a good borrower, which, in turn, will allow it to count on an extended access to world capital markets and, consequently, a larger influx of direct investments.

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