Sistema reports arrest of its stakes in MTS, Medsi, BES as part of dispute with RosneftBusiness & Economy June 26, 20:58
Russian submarine successfully test-fires Bulava intercontinental missileMilitary & Defense June 26, 19:20
Rosneft and RBC reach friendly settlement on defamation lawsuitBusiness & Economy June 26, 18:50
Number of centers issuing FAN IDs to be increased ahead of FIFA Confederations Cup FinalSport June 26, 18:33
News about anti-doping probe against Russian football team players is fake — executiveSport June 26, 18:25
Putin refers to State Duma Council of Europe convention against financing terrorismRussian Politics & Diplomacy June 26, 18:15
Russia to lay down 2 diesel-electric submarines for Pacific Fleet in JulyMilitary & Defense June 26, 18:07
Russia’s Khramtsov wins first gold at 2017 World Taekwondo ChampionshipsSport June 26, 18:03
Russian Navy to get four frigates by 2020Military & Defense June 26, 17:41
MOSCOW, December 16. /ITAR-TASS/. Russia faces capital outflow of $55-60 billion this year, presidential aide Andrey Belousov told a conference organised by the Agency for Strategic Initiatives and Vedomosti daily.
“Annual capital outflow is about $55-60 billion,” he said, adding that the figure would remain about the same this year. This was less than in 2011, when up to $80 billion fled Russia, he said, but “even so, this is a very large amount”, even “critical”.
Belousov said annual foreign direct investment in Russia had been running at $45-50 billion. “This is the amount recorded in 2010-2011,” the aide said, adding that “Less the effect of the TNK-BP purchase deal, I think we’ll see the same amount this year.”
This indicated that international investors had not yet felt the effect of moves to improve Russia's business climate, he said.