Russia’s economic growth slows further in August; BOFIT forecasts lower growth in the years ahead
Russia,economy Russia’s economic growth slows further in August; BOFIT forecasts lower growth in the years ahead GDP growth slowed in August The preliminary estimate of the economic development min...
Bofit.fi
Russia plans on increasing government spending next year; fighting inflation could become more difficult
Russia,economy Russia plans on increasing government spending next year; fighting inflation could become more difficult Federal budget revenues and spending set to rise next year Russia’s new budget...
Bofit.fi
Russia continued on a more moderate growth path in July; fixed investment supported first-half growth
Russia Russia continued on a more moderate growth path in July; fixed investment supported first-half growth Russian economic growth slowed significantly in June, but sustained its lower pace in Jul...
Bofit.fi
Russia’s national goals increasingly focus on nationalist themes and self-sufficiency
Russia’s national goals increasingly focus on nationalist themes and self-sufficiency President Vladimir Putin was inaugurated to another term as Russia’s president on May 7. He announced the member...
Bofit.fi
Russia’s overall economic performance steady in February; construction investment has supported wartime growth
Russia’s overall economic performance steady in February; construction investment has supported wartime growth February’s numbers suggest little change in Russia’s economic trends. 12-month growth wa...
Bofit.fi
Russia and Turkey want to increase bilateral use of their currencies
Russia Russia and Turkey want to increase bilateral use of their currencies At the beginning of this month, Russia and Turkey signed an agreement that seeks, among other things, to increase the use ...
Bofit.fi
Russia’s foreign currency reserves swell to highest level in years
Russia Russia’s foreign currency reserves swell to highest level in years As of end-September, the value of Russia’s foreign currency and gold reserves reached 531 billion dollars, its highest level...
Bofit.fi
New information about Russia’s military-industrial complex and its bank debts
Russia New information about Russia’s military-industrial complex and its bank debts Russia’s military industrial complex (Oboronno-promyshlennyi kompleks, OPK), which comprises over 1,300 firm...
Bofit.fi
Russia to require unique identifiers for many consumer products next year
Russia Russia to require unique identifiers for many consumer products next year At the end of 2017, the Duma approved a law on unique identifier codes for products sold in Russia. At the moment, th...
Bofit.fi
Russia’s foreign trade slows; war spending expected to keep boosting growth
Russia’s foreign trade slows; war spending expected to keep boosting growth Russia’s current account surplus shrank last year Preliminary figures from the Central Bank of Russia show that Russia’s cu...
Bofit.fi
Russia’s GDP growth last year higher than expected; lower growth ahead
Russia’s GDP growth last year higher than expected; lower growth ahead Preliminary figures suggest surprisingly robust Russian GDP growth in 2023 Rosstat last week released its preliminary 2023 data,...
Bofit.fi
Despite China’s overall weak foreign trade performance last year, trade with Russia boomed
Despite China’s overall weak foreign trade performance last year, trade with Russia boomed China Customs valued the country’s goods exports last year at 3.38 trillion dollars and goods imports at 2.5...
Bofit.fi
Stimulus included in Russia’s 2020−2022 government sector budget framework
Russia Stimulus included in Russia’s 2020−2022 government sector budget framework The finance ministry’s three-year fiscal framework covers the entire consolidated budget. That includes the federal ...
Bofit.fi
Russia and Turkey celebrate progress in Black Sea gas pipeline project
Russia Russia and Turkey celebrate progress in Black Sea gas pipeline project The new Black Sea gas pipeline Turkish Stream (TurkStream) runs under the sea bottom from Krasnodar to west of Istanbul....
Bofit.fi
The role of the US dollar as a payment currency is under discussion in Russia
Russia The role of the US dollar as a payment currency is under discussion in Russia According to finance minister Anton Siluanov, the cabinet has taken up discussion of a de-dollarisation programme...
Bofit.fi
Russia's near-term plans for government sector finances taking shape
Russia Russia's near-term plans for government sector finances taking shape The finance ministry's government sector budget framework for 2019–21 foresees that rapid growth in revenues of th...
Bofit.fi
China and Russia impose most trade and investment barriers on European firms
China China and Russia impose most trade and investment barriers on European firms The European Commission's Annual Report on Trade and Investment Barriers notes that the wave of protectionism t...
Bofit.fi
Large hikes in revenue and spending of Russia's preliminary budget framework
Russia Large hikes in revenue and spending of Russia's preliminary budget framework In its presentation of the first draft of the three-year budget framework, the finance ministry raised its rev...
Bofit.fi
Russia's goal of halving poverty would not require massive amounts of funds
Russia Russia's goal of halving poverty would not require massive amounts of funds President Putin's inauguration Decree, issued on May 7, includes a goal of cutting Russian poverty in half ...
Bofit.fi
Russia’s national ecology project addresses a range of environmental issues
Russia Russia’s national ecology project addresses a range of environmental issues One of the twelve programmes included in president Putin’s inaugural May Decrees of 2018 (BOFIT Weekly 08/2019) see...
Bofit.fi