Russia Sees Lowest Foreign Investment Since 1994

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(The Moscow Times)

Russia received its lowest level of foreign investment last year since the mid-1990s, data released by the Central Bank on Tuesday showed.

Net inflows of foreign direct investment (FDI) came in at just $1.4 billion in 2020, as the economic fallout from the pandemic, travel restrictions and a slump in global energy prices heaped pressure on the world economy and darkened prospects for Russia’s crucial commodity industries.

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