Russia launches action plan until 2025 under its programme of population policy
Russia Russia launches action plan until 2025 under its programme of population policy The plan is the final phase of the population policy guideline approved by president Vladimir Putin in 2007. In...
Bofit.fi / Bofit homepage / Monitoring / Weekly Review / 2021
With covid cases soaring, Russia implements short partial lockdowns on several parts of the economy
Russia With covid cases soaring, Russia implements short partial lockdowns on several parts of the economy Following a cabinet recommendation, president Vladimir Putin last week decreed paid leave d...
Bofit.fi / Bofit homepage / Monitoring / Weekly Review / 2021
Russia’s government budget expected to show surpluses as efforts are ahead to slow spending growth
Russia Russia’s government budget expected to show surpluses as efforts are ahead to slow spending growth At the end of September, the federal budget and the budgets for the state’s three social fun...
Bofit.fi / Bofit homepage / Monitoring / Weekly Review / 2021
Latest BOFIT Forecast for Russia sees moderate growth ahead, large risks persist
Russia Latest BOFIT Forecast for Russia sees moderate growth ahead, large risks persist In our latest Forecast for Russia, we see Russian GDP rising this year by over 3.5 % from last year’s rec...
Bofit.fi / Bofit homepage / Monitoring / Weekly Review / 2021
Fixed investment increased in Russia, government plans funding for investment projects
Russia Fixed investment increased in Russia, government plans funding for investment projects In the first half of this year, real fixed investment increased notably and was up by 5 % from two ...
Bofit.fi / Bofit homepage / Monitoring / Weekly Review / 2021
Panel discussion at Turku Europe Forum 2021 examines EU-Russia economic relations
Russia Panel discussion at Turku Europe Forum 2021 examines EU-Russia economic relations Last Friday (Aug. 27), the Bank of Finland Institute for Emerging Economies (BOFIT) hosted a panel discussion...
Bofit.fi / Bofit homepage / Monitoring / Weekly Review / 2021
China and Russia most active in imposing trade barriers on EU countries
China China and Russia most active in imposing trade barriers on EU countries According to the EU’s Access2Markets database, China currently imposes 40 different trade barriers that inhibit EU goods...
Bofit.fi / Bofit homepage / Monitoring / Weekly Review / 2021
Covid case numbers rising in Russia; officials struggle with vaccine hesitancy
Russia Covid case numbers rising in Russia; officials struggle with vaccine hesitancy The number of confirmed covid-19 infections has risen sharply in Russia in recent weeks. Case growth has been fa...
Bofit.fi / Bofit homepage / Monitoring / Weekly Review / 2021
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
Impacts of Ukraine invasion on Russia’s economy already apparent in March
Russia Impacts of Ukraine invasion on Russia’s economy already apparent in March Rosstat preliminary figures show Russian first-quarter GDP growing by 3.5 % y-o-y. Rosstat figures further show ...
Bofit.fi / Bofit homepage / Monitoring / Weekly Review / 2022
Growth in China’s foreign trade slowed in March; exports to Russia fell
China Growth in China’s foreign trade slowed in March; exports to Russia fell The latest foreign trade figures released by China Customs show that the value of goods exports in January-March grew by...
Bofit.fi / Bofit homepage / Monitoring / Weekly Review / 2022
Russia has not yet dipped into its oil funds this year
Russia has not yet dipped into its oil funds this year Russia has not yet dipped into its oil funds this year Higher-than-expected oil prices have increased Russia's budget revenues and finance ...
Bofit.fi / Bofit homepage / Monitoring / Weekly Review / 2017
Russia's government budgets started to grow again; government drafted supplementary budget
Russia's government budgets started to grow again; government drafted supplementary budget First-quarter revenues to the consolidated budget (includes federal, regional and municipal budgets, as ...
Bofit.fi / Bofit homepage / Monitoring / Weekly Review / 2017
FDI inflow to Russia boosted by the sale of Rosneft stake
FDI inflow to Russia boosted by the sale of Rosneft stake Net direct investment inflows to Russia (investment of foreign firms in Russia minus funds repatriated by foreign firms) amounted to USD 33 b...
Bofit.fi / Bofit homepage / Monitoring / Weekly Review / 2017
Extraordinary budget measures in Russia boosted federal revenues and expenditures in late 2016
Extraordinary budget measures in Russia boosted federal revenues and expenditures in late 2016 Budget revenues were significantly increased with the sale of a minority stake in state oil giant Rosnef...
Bofit.fi / Bofit homepage / Monitoring / Weekly Review / 2017
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
BOFIT 25th Anniversary Conference examines evolutionary paths of Russia and other post-communist systems
BOFIT 25th Anniversary Conference examines evolutionary paths of Russia and other post-communist systems The first keynote address, delivered by Professor Gerárd Roland (University of California...
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
Government subsidies keep Russia’s inefficient car producers on life support
Government subsidies keep Russia’s inefficient car producers on life support The economy ministry last week released a study that found that Russia’s car industry received state subsidies of about 40...
Bofit.fi / Bofit homepage / Monitoring / Weekly Review / 2016
Russia imposes new procurement restrictions on the public sector and state enterprises
Russia imposes new procurement restrictions on the public sector and state enterprises Most public sector food procurement (including fish, meat, milk and rice) must now favour domestic producers (Eu...
Bofit.fi / Bofit homepage / Monitoring / Weekly Review / 2016