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Russia FDI down 41 pct in 2009 to $40 bln

Published 02/02/2010, 12:36 PM
Updated 02/02/2010, 12:39 PM

MOSCOW, Feb 2 (Reuters) - Russia saw foreign direct investment (FDI) falling 41 percent in 2009 to around $40 billion as the country experienced its worst recession in a decade, data showed and officials said on Tuesday.

The government said in its documents total FDI came in at around $40 billion last year, citing data from the central bank and the economy ministry.

The documents were prepared for a meeting of government officials with President Dmitry Medvedev, who said earlier on Tuesday FDI fell by 41 percent last year versus 2008.

Data from the central bank and the economy ministry differs from the Federal Statistics Service, which reported 2008 FDI of $27 billion and FDI of just $10 billion for January-September 2009, down 48 percent year-on-year.

(Reporting by Darya Korsunskaya and Yelena Fabrichnaya; writing by Lidia Kelly; editing by Ron Askew)

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