The outflow of capital from Russia has exceeded $ 30 billion.

The net outflow of capital from Russia in the first quarter of 2009 amounted to 33-34 billion dollars. The statement was made by Deputy Minister of Economic Development of Russia Andrei Klepach, Interfax reports. "Major money that have gone - it charges on the debt of companies", - added the Deputy Minister.
March 25, 2009 Ministry of Finance of Russia has announced that net capital outflows from the country in 2009 will be about 83 billion dollars. According to the World Bank announced on 30 March, capital outflows reached 170 billion dollars. Recall that in 2008, the Central Bank of Russia recorded a net outflow of 129.9 billion dollars, and in 2007 - a net inflow of $ 83.1 billion.
According to Klepach, the decline of Russia's GDP in the first quarter of 2009 was the preliminary estimate of seven percent over the same period a year earlier. This baseline forecast for the recession the country's economy in 2009 will not be reviewed. Recall of the Ministry of Economic Development, the decline of Russia's GDP in 2009 will be 2.2 percent.
In mid-March 2009 the Minister of Economic Development of Russia Elvira Nabiullina reported that the decline in GDP during the first two months of this year was eight per cent over the same period a year earlier. In February 2009, Russia's economy fell by 7.3 percent in January - to 8.8 percent.