Russia’s banking sector reflects economic uncertainty
Russia’s banking sector reflects economic uncertainty Total assets of the Russian banking sector at the end of last year amounted to 77.663 trillion rubles, an increase of 18 % y-o-y (all figures rep...
Bofit.fi / Bofit homepage / Monitoring / Weekly Review / 2015
Russia’s forex markets remain turbulent
Russia’s forex markets remain turbulent After recovering considerable ground last week, the ruble resumed its decline this week. The ruble’s latest drop was apparently sparked by economy ministry dat...
Bofit.fi / Bofit homepage / Monitoring / Weekly Review / 2015
Russia’s new budget framework does not promise support for fading economic growth
Russia,BOFIT Weekly Review Russia’s new budget framework does not promise support for fading economic growth Russia’s economic growth remained sluggish in August. In particular, the slowdown in inve...
Bofit.fi / Bofit homepage / Monitoring / Weekly Review / 2025
BOFIT Visiting Researcher Programme's application period is open!
<p><strong>BOFIT Visiting Researcher Programme - Call for autumn/winter 2025</strong></p> <p><strong>Application period is open until April 27, 2025.</strong>...
Bofit.fi / Bofit homepage / BOFIT / News / 2025
While China’s car exports to Russia collapse, other exports continue to grow
China,economy,BOFIT Weekly Review While China’s car exports to Russia collapse, other exports continue to grow China Customs reports that Chinese goods exports to Russia fell overall by 9 % y-o-y in...
Bofit.fi / Bofit homepage / Monitoring / Weekly Review / 2025
IMF’s annual Article IV consultation with Russia raised a wide range of economic issues
IMF’s annual Article IV consultation with Russia raised a wide range of economic issues The expert mission conducting the International Monetary Fund’s latest Article IV Consultation projects the Rus...
Bofit.fi / Bofit homepage / Monitoring / Weekly Review / 2021
New data show distinctly milder recession in Russia than earlier reported
New data show distinctly milder recession in Russia than earlier reported Revised Rosstat GDP figures for 2015 show GDP contracted just 3 %, rather than 3.7 % as reported earlier. The new figures for...
Bofit.fi / Bofit homepage / Monitoring / Weekly Review / 2017
Russia’s economic downturn is felt in government budget revenues; military spending soars
Russia Russia’s economic downturn is felt in government budget revenues; military spending soars Nominal federal budget revenues were up by 34 % y-o-y in the first four months of 2022. Revenue ...
Bofit.fi / Bofit homepage / Monitoring / Weekly Review / 2022
Russia’s contribution to global oil, gas and coal production held steady last year
Russia Russia’s contribution to global oil, gas and coal production held steady last year British Petroleum’s (BP) latest issue of its Statistical Review of Global Energy finds that Russia accounted...
Bofit.fi / Bofit homepage / Monitoring / Weekly Review / 2019
Russia and Ukraine reach agreement on transit fees for natural gas
Russia Russia and Ukraine reach agreement on transit fees for natural gas Slightly less than half (roughly 70 billion m3 per year) of Russia’s natural gas exports to EU countries is transmitted to c...
Bofit.fi / Bofit homepage / Monitoring / Weekly Review / 2020
After a selective start, Russia moves to beef up economic support
Russia After a selective start, Russia moves to beef up economic support Russia’s approved federal budget calls for brisk increases in spending this year. The government has announced it remains com...
Bofit.fi / Bofit homepage / Monitoring / Weekly Review / 2020
Russia's central bank lowers key rate and revises forecast up slightly
Russia's central bank lowers key rate and revises forecast up slightly Russia's central bank lowers key rate and revises forecast up slightly At its regular monetary policy meeting on June 1...
Bofit.fi / Bofit homepage / Monitoring / Weekly Review / 2017
Protests lead to concessions in Russia’s new road fee system
Protests lead to concessions in Russia’s new road fee system Russia last November introduced its Platon system of fees for heavy vehicles using federal-level highways. Platon’s purpose is to collect ...
Bofit.fi / Bofit homepage / Monitoring / Weekly Review / 2016
Russia's special supplement to defence spending also affects next year
Russia's special supplement to defence spending also affects next year In the budget policy framework for 2017‒2019, the finance ministry foresees that defence spending will decrease sharply afte...
Bofit.fi / Bofit homepage / Monitoring / Weekly Review / 2016
Russia seeks to increase food supply independence through trade and agriculture policies
Russia seeks to increase food supply independence through trade and agriculture policies Russia seeks to increase food supply independence through trade and agriculture policies Russia, which has lo...
Bofit.fi / Bofit homepage / Monitoring / Weekly Review / 2017
Rising government spending and rapid wage growth fuel demand and economic imbalances in Russia
Russia Rising government spending and rapid wage growth fuel demand and economic imbalances in Russia Government spending continues to climb Preliminary figures from Russia’s finance ministry show f...
Bofit.fi / Bofit homepage / Monitoring / Weekly Review / 2024
Russia's government sector deficit shrinks, the reserve fund will increase
Russia Russia's government sector deficit shrinks, the reserve fund will increase In the first quarter of this year, revenues to the consolidated budget (federal, regional and local budgets plus...
Bofit.fi / Bofit homepage / Monitoring / Weekly Review / 2018
No large economic policy changes expected from Russia's new cabinet
Russia No large economic policy changes expected from Russia's new cabinet On May 18 president Vladimir Putin approved the new cabinet proposed by prime minister Medvedev, consisting of 10 deput...
Bofit.fi / Bofit homepage / Monitoring / Weekly Review / 2018
China’s goods exports to Russia decline while bilateral trade deficit rises
China China’s goods exports to Russia decline while bilateral trade deficit rises China Customs reports that the value of goods exports to Russia shrank by 17 % y-o-y in June. In response to Ru...
Bofit.fi / Bofit homepage / Monitoring / Weekly Review / 2022
Russia’s deposit insurance agency is given the administration of Yugra Bank
Russia Russia’s deposit insurance agency is given the administration of Yugra Bank Russia’s deposit insurance agency is given the administration of Yugra Bank In terms of total assets, Yugra is Rus...
Bofit.fi / Bofit homepage / Monitoring / Weekly Review / 2017