Capital outflow on the rise

As had been expected by political and business analysts, capital outflow reached officially USD 84.2 billion in 2011 according to the data released by the Central Bank on 11 January 2012. Unofficially, it was probably even higher. The figure rose significantly in the last three months of 2011 by USD 37.4 billion, attributable primarily to the political uncertainty in the run-up to the parliamentary elections on 4 December 2011 and subsequent protests about the rigging of the elections.

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