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Russian ministry raises 2014 capital outflow outlook to $100 billion

August 26, 2014, 15:53 UTC+3 MOSCOW
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MOSCOW, August 26. /ITAR-TASS/. Russia’s net private capital outflow will reach $100 billion in 2014 instead of $90 billion expected earlier, Oleg Zasov, director of the macroeconomic forecasts department at the Economic Development Ministry, told reporters Tuesday.

“We (earlier) estimated net private capital outflow at $90 billion for this year. But now we increased it to $100 billion,” Zasov said.

The ministry also revised its forecast for net private capital outflow in 2015 to $40 billion and in 2017 to $10 billion, Zasov said.

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