The entry of new regions into Russia will entail the emergence of special investment projects. This was stated on October 6 by candidate of economic sciences Mikhail Belyaev in an interview with Sputnik radio.
Belyaev noted that the work to restore the infrastructure of the DPR, LPR, Kherson and Zaporozhye regions will require tangible investments, but in the future the costs will turn into profits.
“It may look like a direct cost of the Russian budget for the construction of houses and businesses, but in reality it will be an investment. All restored objects will give a certain return in the future. In the short term, these are costs, but these are the costs that will turn into profits and new jobs. That is, we do not subtract money from the national economy, but invest it, ”the expert explained.
Thanks to investment in new regions, the position of the ruble may strengthen, and the national currency will stabilize even more. In addition, according to Belyaev, the expansion of the country’s territory will lead to the expansion of the ruble zone.
Earlier, on October 5, Mikhail Shulgin, head of the global research department at Otkritie Investments, told Izvestia about the factors for further weakening of the ruble. He noted that the ruble on Wednesday fell against the dollar, euro and yuan amid the influence of two key topics on the agenda on October 5: new Western sanctions and rising oil prices due to expectations of a strong reduction in supply from OPEC+.
On October 1, Alexander Neverov, director of the Institute for Psychological and Economic Research, said in a conversation with Izvestia that the ruble exchange rate against the dollar for October is predicted to decline slightly, to the level of 60-70 rubles.