Latest BOFIT Forecast for Russia sees lower economic growth ahead
Latest BOFIT Forecast for Russia sees lower economic growth ahead In the March update of our Forecast for Russia 2024–2026, we highlight capacity constraints as a major cause of Russia’s economic slo...
Bofit.fi / Bofit homepage / Monitoring / Weekly Review / 2024
Russia plans further increases in government spending despite deficits
Russia plans further increases in government spending despite deficits Russia’s federal budget remained in deficit in 2023 According to the preliminary assessment released by Russia’s finance ministr...
Bofit.fi / Bofit homepage / Monitoring / Weekly Review / 2024
Inflationary pressures in Russia still on the rise
Russia Inflationary pressures in Russia still on the rise Retail sales and war-related industries drove output growth in October Russia’s ministry for economic development estimates that GDP grew by...
Bofit.fi / Bofit homepage / Monitoring / Weekly Review / 2023
Ruble sinks even as Russia’s current account surplus grows
Ruble sinks even as Russia’s current account surplus grows Current account surplus increased in the third quarter Preliminary figures released by the Central Bank of Russia show the country’s third-q...
Bofit.fi / Bofit homepage / Monitoring / Weekly Review / 2023
Russia plans for increased government spending, tighter monetary policy
Russia plans for increased government spending, tighter monetary policy Latest 3-year federal budget framework anticipates leap in military spending The Russian government last week approved a draft ...
Bofit.fi / Bofit homepage / Monitoring / Weekly Review / 2023
Russia charts near depletion of Reserve Fund next year
Russia charts near depletion of Reserve Fund next year Under the current federal budget draft, 90 % of the budget deficit will be financed with money from the state Reserve Fund. The finance ministry...
Bofit.fi / Bofit homepage / Monitoring / Weekly Review / 2015
Russia’s foreign debt fell in the third quarter
Russia’s foreign debt fell in the third quarter Preliminary Central Bank of Russia figures put Russia’s foreign debt at $522 billion as of end-September, down by just over $30 billion from end-June. ...
Bofit.fi / Bofit homepage / Monitoring / Weekly Review / 2015
Private sector capital flows between Russia and abroad remain modest
Private sector capital flows between Russia and abroad remain modest Preliminary balance-of-payments figures show private sector net capital flow reversed in the third quarter mildly into Russia. Ban...
Bofit.fi / Bofit homepage / Monitoring / Weekly Review / 2015
Forecasters slightly improve their Russia forecasts for this year
Forecasters slightly improve their Russia forecasts for this year In May and June, a number of authorities, including Russia’s economy ministry, the Central Bank of Russia, the IMF, the World Bank, ...
Bofit.fi / Bofit homepage / Monitoring / Weekly Review / 2015
Russia drops to sixth place among Finnish export markets
Russia drops to sixth place among Finnish export markets After falling for a couple years, Finland’s exports to Russia decreased by an additional third on-year in January-March to €700 million. In th...
Bofit.fi / Bofit homepage / Monitoring / Weekly Review / 2015
Monitoring of partially completed fixed investments in Russia is difficult
Russia Monitoring of partially completed fixed investments in Russia is difficult A recent study of Russia’s Accounts Chamber notes that information about partially implemented fixed investment proj...
Bofit.fi / Bofit homepage / Monitoring / Weekly Review / 2019
Russia announces ratification of the Paris climate accord
Russia Russia announces ratification of the Paris climate accord Russia is the world’s fourth-largest emitter of greenhouse gases (GHGs) after China, the United States and India. Russia signed on to...
Bofit.fi / Bofit homepage / Monitoring / Weekly Review / 2019
Russia discusses how to invest government reserve fund assets
Russia Russia discusses how to invest government reserve fund assets The discussion has focused on investing liquid assets in the National Welfare Fund (NWF) when the liquid assets exceed a tar...
Bofit.fi / Bofit homepage / Monitoring / Weekly Review / 2019
Chinese premier talks up trade during his Russia visit
Russia Chinese premier talks up trade during his Russia visit The Chinese premier Li Keqiang visited Russia on September 16–18. Russian and Chinese prime ministers envisioned doubling the value of m...
Bofit.fi / Bofit homepage / Monitoring / Weekly Review / 2019
Implementation of Russia’s national projects plods ahead
Russia Implementation of Russia’s national projects plods ahead Total funding for the 13 national projects is scheduled to exceed 3 % of forecast GDP during 2019−2024. This includes the roughly...
Bofit.fi / Bofit homepage / Monitoring / Weekly Review / 2019
BOFIT Forecasts for Russia and China 2021–2023
Russia,China,forecast BOFIT Forecasts for Russia and China 2021–2023 russia We have raised our economic forecast for Russia from last autumn to reflect the rise of oil prices and price expectations....
Bofit.fi / Bofit homepage / BOFIT / News / 2021
BOFIT Forecasts for Russia and China 2020–2022
Russia,China,forecast BOFIT Forecasts for Russia and China 2020–2022 Russia With the coronavirus pandemic and drop in global commodity prices proving more severe than foreseen in the baseline of our...
Bofit.fi / Bofit homepage / BOFIT / News / 2020
BOFIT Forecasts for Russia and China 2019–2021
Russia,China,forecast BOFIT Forecasts for Russia and China 2019–2021 RUSSIA Russian economic growth gathered steam in 2018. Rising oil prices and ruble depreciation combined to boost budget revenues...
Bofit.fi / Bofit homepage / BOFIT / News / 2019
Fewer sectors in Russia targeted for direct investment from abroad
Russia Fewer sectors in Russia targeted for direct investment from abroad In recent years, FDI inflows have overwhelmingly focused on the financial sector, the energy sector (basically oil & gas...
Bofit.fi / Bofit homepage / Monitoring / Weekly Review / 2019
Russia’s hydrocarbon-centric energy security doctrine stresses import substitution
Russia Russia’s hydrocarbon-centric energy security doctrine stresses import substitution President Vladimir Putin last week (May 13) approved Russia’s updated energy security doctrine. The document...
Bofit.fi / Bofit homepage / Monitoring / Weekly Review / 2019