Russian economy continued to recover in July
Russia Russian economy continued to recover in July The covid-19 pandemic hit Russia hard this spring, but the impacts were uneven. It now appears that even most of hard-hit sectors are beginning to...
Bofit.fi / Bofit homepage / Monitoring / Weekly Review / 2020
CBR monetary policy programme foresees drop in inflation and heavy reliance on Reserve Fund
CBR monetary policy programme foresees drop in inflation and heavy reliance on Reserve Fund The Central Bank of Russia’s latest monetary policy programme keeps in place almost all the outcome of its ...
Bofit.fi / Bofit homepage / Monitoring / Weekly Review / 2015
IMF head calls for including yuan in SDR basket
IMF head calls for including yuan in SDR basket IMF managing director Christine Lagarde last week declared her support for including the yuan in the Fund’s Special Drawing Rights (SDR) basket. Lagard...
Bofit.fi / Bofit homepage / Monitoring / Weekly Review / 2015
Russia’s import substitution commission reviews progress
Russia’s import substitution commission reviews progress At the import substitution commission meeting at the end of April, the commission’s chairman, prime minister Dmitri Medvedev, noted that by no...
Bofit.fi / Bofit homepage / Monitoring / Weekly Review / 2016
China faces massive costs for environmental damage
China faces massive costs for environmental damage A Rand Corporation report released last month considers the costs of China’s environmental problems and the costs of feasible solutions. Healthcare ...
Bofit.fi / Bofit homepage / Monitoring / Weekly Review / 2015
Russian Duma approves adjustments to federal and social fund budgets for 2015
Russian Duma approves adjustments to federal and social fund budgets for 2015 The Duma made no change to the government’s proposed federal budget in aggregate, even if the modifications had caused h...
Bofit.fi / Bofit homepage / Monitoring / Weekly Review / 2015
Profitability of Chinese industrial firms improved over the summer
China Profitability of Chinese industrial firms improved over the summer With the Chinese economy recovering, the plight of industrial firms has also improved. July was the third month in a row that...
Bofit.fi / Bofit homepage / Monitoring / Weekly Review / 2020
Increase in debt restructuring and postponed repayment of corporate loans in Russia
Russia Increase in debt restructuring and postponed repayment of corporate loans in Russia The stock of bank lending to non-financial corporations increased rapidly in late March and early April. In...
Bofit.fi / Bofit homepage / Monitoring / Weekly Review / 2020
Russian economic growth continued to slow in July
Russia,economy,BOFIT Weekly Review Russian economic growth continued to slow in July Russian output growth remained slow in July. The drag from tight monetary policy on demand is becoming more appar...
Bofit.fi / Bofit homepage / Monitoring / Weekly Review / 2025
Critical reports from Accounts Chamber on economic forecast that forms basis for Russia’s government budget projections generate questions about budget expenditures
Russia Critical reports from Accounts Chamber on economic forecast that forms basis for Russia’s government budget projections generate questions about budget expenditures Reports by Russia’s Accoun...
Bofit.fi / Bofit homepage / Monitoring / Weekly Review / 2020
Slowing growth in Russian foreign trade
Russia Slowing growth in Russian foreign trade Even with the slowdown, the value of goods exports and goods imports increased in 3Q17 still by about 20 % y-o-y in dollar terms. The higher value of e...
Bofit.fi / Bofit homepage / Monitoring / Weekly Review / 2017
Russia posts sluggish 2019 growth performance
Russia Russia posts sluggish 2019 growth performance As many analysts expected, Russian GDP growth slowed last year. In the first nine months of 2019, GDP rose by just 1.1 % y-o-y. Growth for a...
Bofit.fi / Bofit homepage / Monitoring / Weekly Review / 2020
Companies in Russia rely largely on domestic banks for financing
Russia Companies in Russia rely largely on domestic banks for financing Sanctions limit access to foreign lenders The access of large Russian corporations to international financial markets is extre...
Bofit.fi / Bofit homepage / Monitoring / Weekly Review / 2024
State banks dominate Russian banking sector
Russia State banks dominate Russian banking sector A total of 499 banks operated in Russia at the end of October. Despite the high number of bank businesses, the banking sector is highly concentrate...
Bofit.fi / Bofit homepage / Monitoring / Weekly Review / 2019
Profitability and solidity of China’s largest banks stable even as credit risk grows
China Profitability and solidity of China’s largest banks stable even as credit risk grows A third-quarter reviews of China’s biggest banks show that profits at each of the country’s four giant bank...
Bofit.fi / Bofit homepage / Monitoring / Weekly Review / 2019
China’s fiscal revenues reduced by tax cuts
China China’s fiscal revenues reduced by tax cuts Tax cuts implemented over the past twelve months (i.e. cuts in the income tax, value-added tax, as well as larger tax refunds for exporters) have hu...
Bofit.fi / Bofit homepage / Monitoring / Weekly Review / 2019
Recent studies examine transport projects in Central Asia
Russia Recent studies examine transport projects in Central Asia A recent report from the OECD’s International Transport Forum (ITF) examines the potential for countries in Central Asia to beco...
Bofit.fi / Bofit homepage / Monitoring / Weekly Review / 2019
Preliminary deal in US-China trade talks avoids tariff hikes
China Preliminary deal in US-China trade talks avoids tariff hikes Last Friday (Dec. 13), United States trade negotiators announced they had agreed with China on “phase one” trade treaty. While the ...
Bofit.fi / Bofit homepage / Monitoring / Weekly Review / 2019
Russian fixed investment developments vary across sectors
Russia Russian fixed investment developments vary across sectors Growth in fixed investments in the first half of this year cooled off to 0.6 % y-o-y, the slowest pace since growth remained at ...
Bofit.fi / Bofit homepage / Monitoring / Weekly Review / 2019
Tainted oil fouls Druzhba oil pipeline
Russia Tainted oil fouls Druzhba oil pipeline On April 19, Belarus reported detecting a large quantity of organic chlorides in the crude oil moving through the Druzhba (Friendship) pipeline. Pipelin...
Bofit.fi / Bofit homepage / Monitoring / Weekly Review / 2019