Senior Russian MP says too early to speak of thaw in Russia-US tiesRussian Politics & Diplomacy May 23, 2:26
NATO’s saber-rattling only impairs security of alliance's members — diplomatRussian Politics & Diplomacy May 22, 20:20
Russian sledge hockey team may compete in 2018 Paralympics — IPCSport May 22, 18:53
PM Medvedev says envoy’s murder 'left imprint' on Russian consulate’s work in TurkeyRussian Politics & Diplomacy May 22, 18:40
Peruvian fire-fighting service wants to buy Russian Mi-171 helicoptersBusiness & Economy May 22, 18:00
Putin sets task of accelerating work on super-heavy rocketScience & Space May 22, 17:55
Russian PM comments on decision to remove trade restrictions with TurkeyBusiness & Economy May 22, 17:39
Russia and its EU partners discuss entry point for Turkish Stream’s second lineBusiness & Economy May 22, 17:38
Austrian chancellor to address SPIEF-2017 on June 2Business & Economy May 22, 17:00
MOSCOW, September 20 (Itar-Tass) —— Capital outflow from Russia in the nine months of 2012 is estimated at about 52 billion U.S. dollars, Minister of Economic Development Andrei Belousov said on Thursday at a government meeting.
By the end of the year, he said, the figure will reach 60 billion U.S. dollars, or within a previous forecast.
According to the ministry’s socio-economic forecast for 2013-2015, the tendency is to change from 2014, ensuring a stable capital inflow to Russia.
In the mean time, Russian Deputy Minister of Finance said earlier in the day in Bishkek that there are no reasons to speak about cash withdrawal from Russia.
“There are no signs indicating money outflow from Russia,” Sergei Storchak told journalists on Thursday. “What some call capital outflow is a mere return of earlier loans. Loans must be repaid, there are no big problems here.”
According to Storchak, in many cases it is just a mere re-pledging of currency proceeds earned abroad. “Corporations are diversifying their assets placing them in roubles, U.S. dollars and euros. So, from this point of view I see no capital flight or outflow. It is a usual banking practice,” he stressed.