IMF emphasises fiscal policy and banking sector reform in latest Article IV consultation with Russia
IMF emphasises fiscal policy and banking sector reform in latest Article IV consultation with Russia In its latest country report for Russia based on the annual Article IV consultation, the IMF empha...
Bofit.fi / Bofit homepage / Monitoring / Weekly Review / 2016
Russia's import recovery slows; outflows of private capital increase slightly
Russia Russia's import recovery slows; outflows of private capital increase slightly Measured in US dollars, the official currency for reporting the value of Russian foreign trade and balance-of...
Bofit.fi / Bofit homepage / Monitoring / Weekly Review / 2018
Central Bank of Russia lowers key rate by 0.25 % and signals plans to keep cutting
Russia Central Bank of Russia lowers key rate by 0.25 % and signals plans to keep cutting With the February 12‑month inflation reading unchanged at 2.2 %, the CBR board decided to cut the key rate t...
Bofit.fi / Bofit homepage / Monitoring / Weekly Review / 2018
Number of people employed in Russia declined last year; labour force also shrank
Number of people employed in Russia declined last year; labour force also shrank Even as the Russian economy began to revive from recession last year, Rosstat reports that its labour force survey of ...
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
Improvement of Russia's government sector finances at all budget levels
Improvement of Russia's government sector finances at all budget levels Last year saw large gains in federal budget revenues (up 18 %), while tax revenues flowing directly to state social funds a...
Bofit.fi / Bofit homepage / Monitoring / Weekly Review / 2018
US refrains from imposing new sanctions on Russia, but Power Machines goes on the sanctions list
Russia US refrains from imposing new sanctions on Russia, but Power Machines goes on the sanctions list Last week,the US addedthe namesof 30 persons and firms to its SDN sanctions list imposed on Ru...
Bofit.fi / Bofit homepage / Monitoring / Weekly Review / 2018
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 reaches agreement with OPEC and other oil-producing countries on keeping cuts in place
Russia Russia reaches agreement with OPEC and other oil-producing countries on keeping cuts in place Russia reaches agreement with OPEC and other oil-producing countries on keeping cuts in place Th...
Bofit.fi / Bofit homepage / Monitoring / Weekly Review / 2017
The fastest recovery phase for Russia's government budgets is over
Russia The fastest recovery phase for Russia's government budgets is over The fastest recovery phase for Russia's government budgets is over The recovery of revenues to the consolidated bud...
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
Russia has plenty of college graduates, but spends little on education
Russia Russia has plenty of college graduates, but spends little on education Education at a Glance 2017, the latest publication of the education database kept by the Organisation of Economic Cooper...
Bofit.fi / Bofit homepage / Monitoring / Weekly Review / 2017
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
Weaker revenues and higher spending reign Russia’s federal and regional budgets
Russia Weaker revenues and higher spending reign Russia’s federal and regional budgets Due to various revenue streams other than oil & gas tax revenues, the slide in nominal federal budget reven...
Bofit.fi / Bofit homepage / Monitoring / Weekly Review / 2022
Russia’s current account surplus contracted in the third quarter of this year
Russia Russia’s current account surplus contracted in the third quarter of this year Preliminary balance-of-payments figures from the Central Bank of Russia show that earnings on exports of goods an...
Bofit.fi / Bofit homepage / Monitoring / Weekly Review / 2022