The Ministry of economic development: capital outflow from Russia in 2015 will total $72 billion, in 2016 – $57 billion

MOSCOW, October 19. The Ministry of economic development lowered the forecast of capital outflow from Russia by the end of 2015 to $72 billion from $87 billion About it has informed journalists the Deputy Minister of economic development of Russia Alexei Vedev.

“Really the situation is changing. By the end of the year will be $72 billion For next year was $57 billion, and has remained,” he said.

Vedev added that while the Ministry did not analyze capital flows in the third quarter of 2015.

Earlier, the Minister of economic development Alexey Ulyukaev reported that the Ministry expects capital outflow from Russia in 2016 to $80 billion.

According to the Bank of Russia, capital outflow from Russia for 9 months of current year has made $45 billion in the 3rd quarter was an inflow of $5.3 billion.

The GDP of the Russian Federation in September amounted to 3.8% in annual terms in the third quarter is 4.3%, according to Vedev.

“Minus 4.3 per cent year-on-year in the third quarter. In September of 3.8 percent,” he said.

Earlier on Monday, Vedev said that the Ministry of economic development expects in the fourth quarter of 2015 compared with the previous quarter GDP growth adjusted for seasonality. Overall for the year, according to the Ministry, the GDP will amount to 3.9%.

In September, the RF GDP growth was 0.3% from August, said Vedev. According to him, the economy hit bottom in June-July, and seasonally adjusted GDP – somewhere in June-August.