13 Jul 2012 09:26

Russia could revise 2012 capital outflow forecast downward

YALTA, Ukraine. July 13 (Interfax) - Russian Economic Development Minister Andrei Belousov has said that his ministry could revise its capital outflow forecast for 2012 downward.

"There could be a downward revision based on the results of the year. At least, the rapid pace of inflation growth in our country points to it," he told Interfax.

The ministry's earlier forecast put this year's capital outflow at $25 billion.