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Home > News > Govt to Invest in Blue Chips No Earlier than in 2008

May 27th, 2007

Govt to Invest in Blue Chips No Earlier than in 2008

Still, words about development funds leave some space for advocates of investments into Russia's equity market. Total investments in the two development funds, the Bank of Development, created on the base of Vneshekonombank, and the Nanotechnology State Corporation, are to exceed $13 billion by 2008. However, some of the money could go to the equity market no early than in spring 2008.


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