MOSCOW, November 16 (RIA Novosti) - The share of investment in Russia's GDP should grow to 25%-26%, a World Bank director for Russia said Wednesday.
"Should the 20% threshold be crossed, Russia's economic growth would be higher. Russia has yet to cross this threshold," Kristalina Georgieva said, speaking at a regional investment conference in Moscow.
Georgieva said 2005 could be crucial in terms of investment attractiveness since the government's actions and intentions in the business sphere had become more predictable.
According to the WB representative, the investment climate should be viewed, not as a constant, but relative to changes in the investment environment in other countries. She said Russia was more attractive to investors than any other CIS country but that it still seriously lagged behind eastern European countries.
