"Economic Development Minister Andrei Belousov expects that the net capital outflow from Russia in 2013 will be lower than last year, when it amounted to $54 billion.
"I think it will be less," the minister told reporters on the sidelines of the St. Petersburg International Economic Forum, adding that the Economic Development Ministry has not yet changed its forecast of $30 billion for capital outflow in 2013.
It was reported earlier that the Central Bank estimates the capital outflow from Russia totalled about $26 billion in the first quarter of 2013, while the Economic Development Ministry estimates there was an outflow of about $4 billion in April and $8 billion. Therefore, the net capital outflow in the first five months of the year is estimated at about $38 billion."
'via Blog this'
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