Militants continue disrupting peace in Aleppo — Russia’s Defense MinistryWorld October 27, 8:33
Russia's UN envoy urges organization to prove Aleppo air strikes continueRussian Politics & Diplomacy October 27, 8:02
Media reports on Russian ships call into Ceuta are controversial — embassyRussian Politics & Diplomacy October 26, 22:03
Russia’s telecom watchdog tries to block LinkedIn through courtSociety & Culture October 26, 21:29
DPR envoy reports no constructive discussion on "Steinmeier formula" in MinskWorld October 26, 21:14
Six NATO countries say ready to dispatch their forces to Black Sea areaWorld October 26, 20:43
Moscow refutes allegations about plans for Russian cruiser's call into Spanish portMilitary & Defense October 26, 20:38
US, Israel abstain from UN GA vote condemning Cuba embargoWorld October 26, 20:31
Western sanctions expected to relax gradually in 2017 — ex-finance ministerBusiness & Economy October 26, 20:25
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.