SCO summit announcements include construction of a new Russia-China gas pipeline and establishing a new development bank
china,economy,BOFIT Weekly Review SCO summit announcements include construction of a new Russia-China gas pipeline and establishing a new development bank This year’s 25th Shanghai Cooperation Organ...
Bofit.fi / Bofit homepage / Monitoring / Weekly Review / 2025
Partial release of balance-of-payments data gives general picture of Russia’s import decline and large capital outflows
Russia Partial release of balance-of-payments data gives general picture of Russia’s import decline and large capital outflows After a several months’ pause, the Bank of Russia released balance-of-p...
Bofit.fi / Bofit homepage / Monitoring / Weekly Review / 2022
Government sector revenues in Russia have turned to rise, spending growth still brisk even if strong stimulus behind
Russia Government sector revenues in Russia have turned to rise, spending growth still brisk even if strong stimulus behind The consolidated budget, which comprises federal, regional, municipal and ...
Bofit.fi / Bofit homepage / Monitoring / Weekly Review / 2021
At close to $600 billion, Russia holds the world’s fourth-largest foreign currency and gold reserves
Russia At close to $600 billion, Russia holds the world’s fourth-largest foreign currency and gold reserves At the end of 2020, the value of Russia’s total international reserves, including gold, am...
Bofit.fi / Bofit homepage / Monitoring / Weekly Review / 2021
Russia plans to increase government revenues in the next few years without hikes in large general taxes
Russia plans to increase government revenues in the next few years without hikes in large general taxes In the draft 2017‒2019 federal budget submitted to the Duma, the finance ministry computed that...
Bofit.fi / Bofit homepage / Monitoring / Weekly Review / 2016
Rising investment in Russia slows economic slide, but sees increased role of state-owned enterprises and the government
#Russia Rising investment in Russia slows economic slide, but sees increased role of state-owned enterprises and the government Real growth in fixed investment exceeded 3 % y-o-y in the third q...
Bofit.fi / Bofit homepage / Monitoring / Weekly Review / 2022
IMF anticipates significant slowdown in global growth next year; Russia’s recession likely to be milder than earlier expected
Russia IMF anticipates significant slowdown in global growth next year; Russia’s recession likely to be milder than earlier expected The IMF’s latest World Economic Outlook predicts that the world e...
Bofit.fi / Bofit homepage / Monitoring / Weekly Review / 2022
Russia’s central bank raises its key rate to 18 % on inflation concerns; key rate now expected to remain high for a longer time
Russia Russia’s central bank raises its key rate to 18 % on inflation concerns; key rate now expected to remain high for a longer time The Central Bank of Russia’s board of directors decided at its ...
Bofit.fi / Bofit homepage / Monitoring / Weekly Review / 2024
As the world’s largest wheat exporter, Russia plays a major role in food security of Africa and the Middle East
Russia As the world’s largest wheat exporter, Russia plays a major role in food security of Africa and the Middle East Russia is a major global producer and exporter of grains. Figures from the UN’s...
Bofit.fi / Bofit homepage / Monitoring / Weekly Review / 2022
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
Russian imports plunge; value of exports remains high
Russia Russian imports plunge; value of exports remains high Western sanctions on Russia, combined with the voluntary decisions by international corporations to exit the Russian market and difficult...
Bofit.fi / Bofit homepage / Monitoring / Weekly Review / 2022
Russian president visits China
Russia Russian president visits China President Putin met with Chinese president Xi and attended the Shanghai Cooperation Organisation summit last week. As usual, during the presidents' meeting ...
Bofit.fi / Bofit homepage / Monitoring / Weekly Review / 2018
More Russian firms added to US sanctions list
More Russian firms added to US sanctions list On September 1, the US Treasury Department announced an extension of sanctions on Russia for occupation of Crimea. Several Russian firms were added to th...
Bofit.fi / Bofit homepage / Monitoring / Weekly Review / 2016
Growth in Finnish-Russian trade cooled in 1Q18
Russia Growth in Finnish-Russian trade cooled in 1Q18 Finnish goods exports to Russia in the first quarter remained at roughly the same level as in 1Q17. The export trend was in line with Russian go...
Bofit.fi / Bofit homepage / Monitoring / Weekly Review / 2018
G7 countries move to reduce Russian export earnings
Russia G7 countries move to reduce Russian export earnings At the G7 summit held in late June, much of the discussion focused on dealing with Russia’s war in Ukraine and the knock-on effects to the ...
Bofit.fi / Bofit homepage / Monitoring / Weekly Review / 2022
Weak first half for Russian economy; EU expands sanctions
BOFIT Weekly Review,BOFIT,Russia,economy Weak first half for Russian economy; EU expands sanctions Russia’s State Statistics Service (Rosstat) reports that the output of five core sectors of the eco...
Bofit.fi / Bofit homepage / Monitoring / Weekly Review / 2026
Russian population declines slightly in 2018 as immigration flows drop considerably
Russia Russian population declines slightly in 2018 as immigration flows drop considerably According to Rosstat, Russia’s population was 146.8 million at the end of the year. However, the figure inc...
Bofit.fi / Bofit homepage / Monitoring / Weekly Review / 2019
Exports of Russian military technology hold steady
Exports of Russian military technology hold steady Russia’s Federal Service for Military-Technical Cooperation (FSMTC) reports the value of military technology exports last year amounted to $15.5 bi...
Bofit.fi / Bofit homepage / Monitoring / Weekly Review / 2015
CBR opens representative office in Beijing
CBR opens representative office in Beijing The Central Bank of Russia opened its first overseas office last week in Beijing, making it the 13th representative office of a foreign central bank in that...
Bofit.fi / Bofit homepage / Monitoring / Weekly Review / 2017
Russian and U.S. presidents met in Helsinki
Russia Russian and U.S. presidents met in Helsinki At the Helsinki summit last Monday (July 16), discussions focused on foreign and security policy, but also economic relations were touched upon. Pu...
Bofit.fi / Bofit homepage / Monitoring / Weekly Review / 2018