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A record escape of the “shadow” capital for 12 years was discovered in Russia

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The scale of such “shadow” withdrawal of funds from Russia last year was the highest since 2012.

The Russian economy in 2024 experienced a sharp inflow of “shadow” capital. This was reported yesterday by The Moscow Times in relation to statistics from the Central Bank of the Russian Federation.

So, over the past year, $9.6 billion left the country as a result of transactions that did not fall into any of the usual categories (import of goods, investments, debt repayment, etc.) and were classified as “pure errors and omissions. ”

“This item increased by a third compared to last year ($ 7.2 billion), by 60% compared to the first year of the war ($ 6 billion), and by 96 times compared to pre-war 2021,” the report said.

The regulator itself called “errors and omissions” in the balance of payments “statistical differences.” However, this article indicates an increase in “grey” capital outflows from Russia.

“The scale of such “shadow” withdrawal of funds last year became the highest since 2012 (then the Central Bank counted “errors and omissions” at $10.4 billion) and reached the levels of the 1990s, when the economy “flowed” with money like a sieve ($9.9 in 1998, $10.3 billion in 1995),” the publication wrote.

Earlier it became known that in 2024, Russians will spend a record amount abroad – $37.8 billion. This is the highest result since 2014, when this figure was $50.4 billion.

Let’s remember that the war launched by Russia against Ukraine negatively affected the lives of almost half of the citizens of the Russian Federation – 47.6%. This is confirmed by the data of a sociological survey conducted by the Institute of Socio-Political Research of the Russian Academy of Sciences.


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Source: korrespondent

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