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    Russian Finance Ministry Cuts Capital Outflow Forecast in 2015 to $58Bln

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    Forecast for the capital outflow from the country lowered in 2015 to $57-58 billion.

    MOSCOW (Sputnik) The Russian Finance Ministry on Wednesday lowered its forecast of capital outflow from the country in 2015 to $57-58 billion.

    "At this point, we are expecting the outflow of about $57-58 billion," Finance Minister Anton Siluanov told reporters.

    It is not the first time that the ministry cuts its forecast of capital outflow this year. The previous estimate was around $60 billion.

    Related:

    Russia's Capital Outflow in 2015 Expected at $90-100 Bln - Finance Minister
    Russia's Capital Outflow Reaches $151.5Bln in 2014, Central Bank Reports
    Tags:
    capital outflow, Russian Finance Ministry, Anton Siluanov, Russia
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