MOSCOW (Pakistan Point News / Sputnik - 22nd August, 2018) Russia's Economic Development Ministry expects an increase in the capital outflow from the country in the next 12 months, Economic Development Minister Maxim Oreshkin told reporters on Wednesday.
"We expect that the outflow of capital will be stronger in the next 12 months, the Currency [ruble] will be weaker, but in general, the forecasts that we published and that were related to, for example, the indicators of the end of 2019, 2020 and the subsequent years in regard to exchange rate we will not change much, because we do not see any fundamental changes to make us adjust our estimates," Oreshkin said.
