Russia's fiscal sector strengthened in 2017
Russia Russia's fiscal sector strengthened in 2017 Russia's fiscal sector strengthened in 2017 Consolidated budget revenues (federal, regional and municipal, plus social funds) increased by...
Bofit.fi / Bofit homepage / Monitoring / Weekly Review / 2018
Russia loses more educated people than receives
Russia Russia loses more educated people than receives Russia loses more educated people than receives The Gaidar Institute recently published a review on migration of educated people in Russia. Re...
Bofit.fi / Bofit homepage / Monitoring / Weekly Review / 2018
Fixed investment in Russia has grown
Russia Fixed investment in Russia has grown Growth of the real volume of fixed investment, which accelerated in the second quarter, continued its fairly good rise in the third quarter. In second qua...
Bofit.fi / Bofit homepage / Monitoring / Weekly Review / 2021
Recovery in fixed investment in Russia slows
Russia Recovery in fixed investment in Russia slows Fixed investment grew by over 3 % y-o-y in the third quarter, down from growth above 6 % in the second quarter. Investment was up by 4.2 % y-o-y i...
Bofit.fi / Bofit homepage / Monitoring / Weekly Review / 2017
Russia wants to spur e-commerce
Russia Russia wants to spur e-commerce Russia wants to spur e-commerce The Russian administration has recently been enthused over digital economy and compiled related development programmes, most r...
Bofit.fi / Bofit homepage / Monitoring / Weekly Review / 2017
Venezuela causes headaches for China and Russia
China,Russia Venezuela causes headaches for China and Russia Amidst Venezuela’s catastrophic economic crisis and political impasse, opposition leader Juan Guaidó declared himself interim presid...
Bofit.fi / Bofit homepage / Monitoring / Weekly Review / 2019
Russia's public finances in overall balance
Russia Russia's public finances in overall balance Revenues to the consolidated budget (federal, regional and local budgets plus state social fund budgets) increased by over 15 % y‑o‑y in the fi...
Bofit.fi / Bofit homepage / Monitoring / Weekly Review / 2018
Russia approves laws establishing domestic tax havens
Russia Russia approves laws establishing domestic tax havens Under a package of new laws, Russia will establish special administrative zones on Russky Island next to Vladivostok and on Oktyabrsky Is...
Bofit.fi / Bofit homepage / Monitoring / Weekly Review / 2018
Changes is Russia's currency reserve composition
Russia Changes is Russia's currency reserve composition Russia's gold and foreign currency reserves have grown notably since early 2017. They stood at nearly $460 billion at the end of May. ...
Bofit.fi / Bofit homepage / Monitoring / Weekly Review / 2018
Prices continue to soar in Russia
Russia Prices continue to soar in Russia Consumer prices have skyrocketed since Russia’s invasion to Ukraine last month. Import prices shot up with the ruble’s collapse. Prices of many food items ha...
Bofit.fi / Bofit homepage / Monitoring / Weekly Review / 2022
Concerns over Russia's regional budget deficits
Russia Concerns over Russia's regional budget deficits Regional budgets (consolidated budgets of the regional and local levels) represent slightly over a third of Russia's government-sector ...
Bofit.fi / Bofit homepage / Monitoring / Weekly Review / 2018
Rapid housing loan growth in Russia continues
Russia Rapid housing loan growth in Russia continues The growth in mortgage lending accelerated in the first three months of this year. In March alone, banks granted new housing loans worth a total ...
Bofit.fi / Bofit homepage / Monitoring / Weekly Review / 2021
Russia shows cautious interest in green financing
Russia Russia shows cautious interest in green financing According to media reports, Russia’s central bank and finance ministry have launched initial discussions on the possibility of issuing green ...
Bofit.fi / Bofit homepage / Monitoring / Weekly Review / 2021
Russia seeks to renegotiate tax treaties
Russia Russia seeks to renegotiate tax treaties Russia has bilateral tax treaties with roughly 80 countries. These treaties spell out the rules that governments must follow on taxing income transfer...
Bofit.fi / Bofit homepage / Monitoring / Weekly Review / 2020
Russia’s economy weakened in October
Russia Russia’s economy weakened in October Russian economic growth has slackened since the summer’s brisk recovery, with volatile development across branches. Manufacturing and agriculture weighed ...
Bofit.fi / Bofit homepage / Monitoring / Weekly Review / 2020
Russia drops in TI corruption rankings
Russia drops in TI corruption rankings The 2016 Corruption Perceptions Index published by Transparency International (TI), downgraded Russia's position in the rankings from 2015. This was mostly ...
Bofit.fi / Bofit homepage / Monitoring / Weekly Review / 2017
Finland’s exports to Russia shrank further
Finland’s exports to Russia shrank further The value of Finnish goods exports to Russia was down 8 % y-o-y in 3Q16, and down 3 % y-o-y for September. Machinery & equipment and chemicals form the ...
Bofit.fi / Bofit homepage / Monitoring / Weekly Review / 2016
Russia's middle class hit by recession
Russia's middle class hit by recession A new Sberbank survey finds that the number of Russians that see themselves as middle class has declined sharply over the past two years. A study from the I...
Bofit.fi / Bofit homepage / Monitoring / Weekly Review / 2016
Still waiting for Russia’s economic recovery
Still waiting for Russia’s economic recovery The latest Rosstat figures on GDP demand components and imports show that the volume of Russian exports of goods and services recovered from a first-quart...
Bofit.fi / Bofit homepage / Monitoring / Weekly Review / 2016
Budget deficits drain Russia’s Reserve Fund
Budget deficits drain Russia’s Reserve Fund In August, the government withdrew 390 billion rubles ($6 billion) in assets to cover the federal budget deficit. Even so, the Reserve Fund still held at m...
Bofit.fi / Bofit homepage / Monitoring / Weekly Review / 2016