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Russia’s capital outflow to hit $120 billion in 2014 — ministry

September 22, 2014, 15:29 UTC+3
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MOSCOW, September 22. /ITAR-TASS/. Russia’s capital outflow may range from $90 billion to $120 billion in 2014, Deputy Economic Development Minister Alexey Vedev said on Monday.

“External and internal political risks may trigger a capital outflow in 2014, which may range from $90 billion to $120 billion, considering the developments around the Sistema holding company and a fall in its market value,” the deputy minister said.

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