PARNAS leader attacked during march in Nemtsov’s memorySociety & Culture February 26, 16:59
Donetsk water purification station recaptured from Ukrainian radicalsWorld February 26, 15:24
Russian skiers Ustyugov, Kryukov win team sprint at World ChampionshipsSport February 26, 15:23
Opposition activist Dadin sentenced for disorders at rallies leaves jailRussian Politics & Diplomacy February 26, 12:58
Aerospace Force chief says Russian army to get new combat jets and helicoptersMilitary & Defense February 26, 11:15
Mistura says Homs terror attacks attempt to derail Geneva talksWorld February 26, 5:49
Where to watch unique solar eclipse and spectacular ‘ring of fire’Science & Space February 26, 3:24
HNC expects Trump to correct Obama's mistakes in Syria - delegation headWorld February 26, 3:08
War on terror to dominate Geneva talks — Syrian UN envoyWorld February 25, 23:48
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.