Business · Economy · 5 hrs ago

Russia prepares additional package to support investment

Russia prepares additional package to support investment

Russia’s government is preparing an additional package of measures to support investment.

Economic Development Minister Maxim Reshetnikov announced the work at a meeting of a State Duma committee in Moscow.

He said 2028 and 2029 are the target period for investment recovery.

Reaching that goal will be difficult without further action, he said.

The government also has a plan for structural economic changes, including measures to bring more economic activity out of the shadows and shape the national business model.

The new support package is being prepared with existing constraints in mind.

The government has not provided further details about the measures or when they will be announced.

Sources

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