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Russian Ministry of Finance expects $30 billion capital outflow in Q1 — Finance Minister

March 02, 2015, 20:29 UTC+3 MOSCOW
Concerning the capital outflow, we expect it as totaling about $30 billion in the first quarter and $90-100 billion in annual terms, Anton Siluanov says
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Anton Siluanov

Anton Siluanov

© ITAR-TASS/Mikhail Metsel

MOSCOW, March 2. /TASS/. The Russian Ministry of Finance expects the $30 billion capital outflow in Q1, Finance Minister Siluanov said on Monday.

"Concerning the capital outflow, we expect it as totaling about $30 billion in the first quarter and $90-100 billion in annual terms. This is slightly lower than our assumption in the outlook, which was equal to $120-130 billion," the minister said. The said figure covers $60-70 billion of foreign debt repayments, Siluanov added.

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