RF econ ministry forecasts outflow of 30-40 bln dlrs this year

MOSCOW, August 27 (Itar-Tass) -- The Russian Economic Development
Ministry expects an outflow of 30-40 bln dlrs from the country this year.
The figures are given in the working version of the more precise
forecast for the Russian social and economic development for 2011 and the
planned period till 2014, Deputy Minister Andrei Klepach told reporters,
noting that it was a working version of the forecast and assessments that
would be discussed with the Central Bank, the Finance Ministry and other
departments.
According to the deputy minister, there will be no outflow of capital
from the country in 2012, and it will replaced by an inflow of 10-20 bln
dlrs in 2013-14.
Though it is a very conservative assessment, the forecast takes into
account possible higher Russian economy growth, he noted.
According to Bank of Russia, the outflow of private capital from
Russia amounted to 31.2 bln dlrs in the first half of this year, rising
2.7 times for the annual index.
The Economic Development Ministry also changes the forecast for the
rouble rate for the period till 2014. The dollar will rise from 28.4 to
28.6 roubles in 2011, 28.7 in 2012, 30.1 in 2013 and 32.2 in 2014.
The rouble rate is expected to rise 6.6 percent over the year, but not
7.7 percent as was expected earlier, and 3.3 percent, but not 3.5 percent,
in 2012. The ministry predicts the rouble will weaken two percent in 2013,
instead of growing two percent as was forecast, and decline 4.4 percent,
but not rise 1.2 percent, in 2014.