Russia’s central bank lowers key rate and revises forecasts downwards
Russia Russia’s central bank lowers key rate and revises forecasts downwards On September 6, the Central Bank of Russia’s board of directors again lowered the key rate by 0.25 percentage points...
Bofit.fi / Bofit homepage / Monitoring / Weekly Review / 2019
Significant economic differences across Russia’s cities with populations of more than one million
Russia Significant economic differences across Russia’s cities with populations of more than one million Russia has 16 cities with more than a million inhabitants. The five biggest cities after Mosc...
Bofit.fi / Bofit homepage / Monitoring / Weekly Review / 2019
Direct investment outflows from Russia remain significantly larger than FDI inflows
Russia Direct investment outflows from Russia remain significantly larger than FDI inflows Flows of direct investment to and from Russia’s non-bank corporate sector have been smaller over the past f...
Bofit.fi / Bofit homepage / Monitoring / Weekly Review / 2019
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 / Bofit homepage / Monitoring / Weekly Review / 2019
Russia’s ranking improves slightly and China’s considerably in World Bank’s Doing Business index
Russia,China Russia’s ranking improves slightly and China’s considerably in World Bank’s Doing Business index Russia rose from 35th place last year to 31st place this year, and China jumped from 78t...
Bofit.fi / Bofit homepage / Monitoring / Weekly Review / 2018
Russia was ranked the 43th most competitive country by the World Economic Forum this year
Russia Russia was ranked the 43th most competitive country by the World Economic Forum this year The annual Global Competitiveness Report released last week included 140 countries. Russia’s ranking ...
Bofit.fi / Bofit homepage / Monitoring / Weekly Review / 2018
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 / Bofit homepage / Monitoring / Weekly Review / 2018
IMF’s annual Article IV consultations with Russia stress ongoing need for reform
Russia IMF’s annual Article IV consultations with Russia stress ongoing need for reform The IMF expects Russian GDP to grow by 1.7 % this year and 1.5 % next year if the oil price remains roughly ar...
Bofit.fi / Bofit homepage / Monitoring / Weekly Review / 2018
Russia rises to 75th place in the World Bank's logistics performance ranking for 2018
Russia Russia rises to 75th place in the World Bank's logistics performance ranking for 2018 The survey-based Logistics Performance Index (LPI) covered 160 countries this year. Russia's scor...
Bofit.fi / Bofit homepage / Monitoring / Weekly Review / 2018
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 / Bofit homepage / Monitoring / Weekly Review / 2018
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 / Bofit homepage / Monitoring / Weekly Review / 2018
Russia and China score low in the OECD services trade index
Russia Russia and China score low in the OECD services trade index Russia and China score low in the OECD services trade index The OECD's Services Trade Restrictiveness Index (STRI), published ...
Bofit.fi / Bofit homepage / Monitoring / Weekly Review / 2018
Russia needs to find new export markets for oil ahead of EU sanctions entering into force
Russia Russia needs to find new export markets for oil ahead of EU sanctions entering into force The EU ban on imports of Russian crude oil enters into force on December 5. The ban applies to seabor...
Bofit.fi / Bofit homepage / Monitoring / Weekly Review / 2022
Alexei Ulyukayev, Russia's former economy minister, convicted of soliciting bribes
Russia Alexei Ulyukayev, Russia's former economy minister, convicted of soliciting bribes Alexei Ulyukayev, Russia's former economy minister, convicted of soliciting bribes Ulyukayev was ar...
Bofit.fi / Bofit homepage / Monitoring / Weekly Review / 2017
Strict 2018 spending rules approved for Russia's federal budget and pension fund
Russia Strict 2018 spending rules approved for Russia's federal budget and pension fund Federal budget spending is set to contract slightly next year in nominal ruble terms, which means a real d...
Bofit.fi / Bofit homepage / Monitoring / Weekly Review / 2017
Russia's 2018−20 monetary policy guidelines stress the role of inflation expectations
Russia's 2018−20 monetary policy guidelines stress the role of inflation expectations The Central Bank of Russia reaffirmed its inflation target of "close to 4 %" a year on average. The...
Bofit.fi / Bofit homepage / Monitoring / Weekly Review / 2017
CEFC China Energy actively investing in Russia, but goods trade remains the focus of economic relations
Russia CEFC China Energy actively investing in Russia, but goods trade remains the focus of economic relations An under-the-radar Chinese firm, CEFC China Energy, which had never invested earlier in...
Bofit.fi / Bofit homepage / Monitoring / Weekly Review / 2017
Russia ranks higher in World Bank Doing Business survey than in most comparisons
Russia ranks higher in World Bank Doing Business survey than in most comparisons The World Bank's latest Doing Business international comparison of regulatory environments ranks Russia 35th out o...
Bofit.fi / Bofit homepage / Monitoring / Weekly Review / 2017
Russia's public sector finances recover this year; tightening expected next year
Russia Russia's public sector finances recover this year; tightening expected next year Russia's public sector finances recover this year; tightening expected next year The finance ministry...
Bofit.fi / Bofit homepage / Monitoring / Weekly Review / 2017
Much of Russia's GDP growth spurt last spring came from inventories
Russia Much of Russia's GDP growth spurt last spring came from inventories Much of Russia's GDP growth spurt last spring came from inventories Russian GDP grew in April-June by 2.5 % y-o-y....
Bofit.fi / Bofit homepage / Monitoring / Weekly Review / 2017