Russia's economy ministry expects capital outflow to fall to $18bn in 2016

Russia's economy ministry expects capital outflow to fall to $18bn in 2016
Russian capital flight to fall to $18bn in 2016
By bne IntelliNews November 10, 2016

Russia’s Ministry of Economic Development expects capital outflows in 2016 to fall to $14bn-$18bn, deputy minister Alexei Vedev told reporters on the sidelines of a State Duma meeting.

"In the future outflows will increase to $25bn by 2019," he added.

Previously the ministry forecast $40bn would leave Russia this year, down from the peak of $133bn that left in 2008. 

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