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New Capital Inflow in Russia Rising Fast

Klepach said this figure was rather high, and therefore, Russia would look better than other countries

New Capital Inflow in Russia Rising Fast

Net capital inflow in Russia may amount to $50bn-$60bn in 2008 provided that oil prices remain high, Deputy Economy Minister Andrei Klepach told journalists today.

According to him, one expected about $30bn. But he noted that the figure could be significantly higher if oil price exceeded $100 per barrel.

According to the Economy Ministry's forecast, net capital inflow will amount to $50bn-$70bn in 2009-2010 and to $95bn-$105bn in 2011.

Klepach said this figure was rather high, and therefore, Russia would look better than other countries in this respect.

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