Russian economy fires on all cylinders in 2002
Of the total, agricultural output edged up by only 0.8% while capital investment increased by 2.5%. Cargo turnover rose by 5.1% while retail turnover leapt by 9.1%. Foreign trade turnover rose 6.3% year-on-year, with exports climbing 3% and imports 13%.
In a separate announcement, the ministry said private individuals may soon be able to take up to $10,000 in cash out of the country. The Russian parliament, the Duma, passed the relevant amendments to the law on currency regulation and control. The amendments would allow residents and nonresidents alike to take up to $10,000 in cash out of the country without impediment every time they cross the border. The amendment was passed despite strong opposition from the Kremlin and government officials.