Finance Ministry cuts Russian 2015 capital flight to $57-58 bln

MOSCOW, Dec 16 (PRIME) -- The Russian Finance Ministry has cut the net capital outflow forecast to U.S. $57-58 billion in 2015 from $60 billion, Minister Anton Siluanov told reporters on Wednesday.

“Now we expect an outflow of $57-58 billion,” he said.

The Economic Development Ministry expects capital outflow to exceed $70 billion in 2015, and the central bank sees the outflow at $58 billion.

Economic Development Minister Alexei Ulyukayev did not rule out that the outflow can be below $70 billion.

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