Russian finance minister: Capital outflow to fall in 2016
MOSCOW, Mar 17 (PRIME) -- Russia’s capital outflow will fall further in 2016, Finance Minister Anton Siluanov said at a meeting with students of the Financial University on Thursday.
“Capital outflow fell last year, and this trend remains this year,” he said.
According to preliminary data of the central bank, the net capital outflow from Russia fell to U.S. $56.9 billion in 2015 from $153 billion in 2014. The regulator expects that capital outflow will fall to $30-40 billion in 2016 compared with an earlier estimated $53 billion in the period.
The Economic Development Ministry expects that the net capital outflow will stand at $57 billion with oil at $50 per barrel on average in 2016.
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17.03.2016 15:21