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Economic Development Ministry doubles capital outflow forecast for 2012

August 28, 2012, 22:06 UTC+3
The updated forecast says there will be no capital inflow of $15 billion in 2013 projected earlier
1 pages in this article
Photo ITAR-TASS

Photo ITAR-TASS

MOSCOW, August 28 (Itar-Tass) —The Economic Development Ministry has twice raised the capital outflow forecast for 2012, to $50-60 billion, Deputy Economic Development Minister Andrei Klepach said on Friday.

He said the ministry earlier projected the capital outflow at $25 billion.

The updated forecast says there will be no capital inflow of $15 billion in 2013 projected earlier. For now, the ministry confirmed the capital inflow forecast at $30 billion in 2014 and $40 billion in 2015.

Theoretically, the capital inflow/outflow parameters may change, Klepach added.

 

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