Photo: Alexey kudenko / RIA Novosti
The total cost withdrawn from Russia over the past 25 years assets amounts to about 750 billion dollars, writes Bloomberg.
The publication has prepared two versions of the calculations. According to the more conservative of them, from Russia in the period from 1994 to 2018 was derived 750 billion — “only slightly less than 50 percent of the GDP of the country.”
The investment of this money in the Russian economy could accelerate growth, reduce the cost of borrowed capital and the tax burden on residents, citizens and companies. Also they could spend on “infrastructure development and social programs.”
Another, more ambitious evaluation, said about trillion taken out of Russia for 25 years dollars. While in recent years the process has slowed down a bit, the authors note: in the 1990s, the annual outflow of capital amounted to 5-6 percent of GDP in the 2000s, it decreased to almost zero. However, it could be associated with a successful disguise illegal operations.
Previously, the Central Bank reported an increase for 2018 2.7 times the amount of funds withdrawn from 25,2 to 67.5 billion dollars. In the first two months of 2019, the outflow amounted to 18.6 billion, which is 2.1 times more than the same period last year.
Video, photo All from Russia.