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RUSSIA'S ECONOMY

Economic Development Minister expects capital outflow from Russia at $90 bln in 2015

Earlier the minister did not rule out that the capital outflow from Russia in the Q2 of 2015 may be close to zero, and in 2015 may exceed $90 bln in total

Russian Economic Development Minister Alexey Ulyukayev Mikhail Japaridze/TASS

Russian Economic Development Minister Alexey Ulyukayev

© Mikhail Japaridze/TASS

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Russian companies to repay around $60-70 bln worth of foreign debt in 2015 — official

MOSCOW, July 7. /TASS/. Russian Economic Development Minister Alexey Ulyukayev expects capital outflow from Russia at $90 bln in 2015.

"Outflow may reach $90 bln; the official forecast of the Economic Development Ministry said $110 bln," the Minister told journalists.

Earlier the minister did not rule out that the capital outflow from Russia in the Q2 of 2015 may be close to zero, and in 2015 may exceed $90 bln in total.

At the same time Deputy Finance Minister Maxim Oreshkin said that the ministry kept the forecast on capital outflow from Russia in 2015 at $70-80 bln. "We maintain the forecast on capital outflow from Russia in 2015. According to our estimations, capital outflow connected to repaying foreign debt will amount to $60-70 bln, the general outflow will amount to $70-80 bln," he said.

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