MOSCOW, April 6 (RIA Novosti) - Foreign investment in Russia's economy is expected to double by 2008 to reach $25 billion, the finance minister said Thursday.
Alexei Kudrin said foreign investment had stood at $11 billion in 2005 and was expected to reach $16 billion in 2006.
"If the dynamics of foreign investment inflow remains stable we will see constant growth in foreign investment," he said.
He also said the ruble rate should be oriented to a constant inflow of investment, adding that the national currency was currently consolidated to acceptable rates from the economic standpoint.
