Overall condition of Russia’s banking sector remains murky
Russia Overall condition of Russia’s banking sector remains murky With data on balance sheets or income statements no longer published on a regular basis, assessments are based on less granular data...
Bofit.fi / Bofit homepage / Monitoring / Weekly Review / 2022
“Partial mobilisation” creates confusion, markets tumble in Russia
Russia “Partial mobilisation” creates confusion, markets tumble in Russia In an effort to move additional manpower to the front in the Ukraine war, president Vladimir Putin declared a “partial mobil...
Bofit.fi / Bofit homepage / Monitoring / Weekly Review / 2022
Russia plans for federal budget deficits from 2022 to 2025
Russia Russia plans for federal budget deficits from 2022 to 2025 The government recently approved a preliminary 3-year budget proposal (2023–2025) that foresees federal budget revenues rising by 9&...
Bofit.fi / Bofit homepage / Monitoring / Weekly Review / 2022
Russia posts another large current account surplus in August
Russia Russia posts another large current account surplus in August Preliminary figures from the Central Bank of Russia show an August current account surplus of 16.5 billion dollars. While surplus ...
Bofit.fi / Bofit homepage / Monitoring / Weekly Review / 2022
Russia’s federal budget revenues down in August
Russia Russia’s federal budget revenues down in August Nominal federal budget revenues were down by about 10 % y-o-y in August. Part of the revenue drop was cushioned from the July fall by a re...
Bofit.fi / Bofit homepage / Monitoring / Weekly Review / 2022
Russia’s hydrocarbon-centric energy security doctrine stresses import substitution
Russia Russia’s hydrocarbon-centric energy security doctrine stresses import substitution President Vladimir Putin last week (May 13) approved Russia’s updated energy security doctrine. The document...
Bofit.fi / Bofit homepage / Monitoring / Weekly Review / 2019
BOFIT Forecasts for Russia and China 2021–2023 / 2
Russia,China,forecast Forecast for Russia Forecast for China https://youtu.be/hHBfFr4p68I https://youtu.be/w2tc4f0jDvc BOFIT Forecasts for Russia and China 2021–2023 russia The forecast for the ...
Bofit.fi / Bofit homepage / BOFIT / News / 2021
BOFIT Forecasts for Russia and China 2021–2023
Russia,China,forecast BOFIT Forecasts for Russia and China 2021–2023 russia We have raised our economic forecast for Russia from last autumn to reflect the rise of oil prices and price expectations....
Bofit.fi / Bofit homepage / BOFIT / News / 2021
Russia’s foreign debt up slightly in the first quarter
Russia’s foreign debt up slightly in the first quarter Growth in Russia’s foreign debt basically came from government foreign debt. Russia’s foreign debt is held mainly by non-bank corporations, bank...
Bofit.fi / Bofit homepage / Monitoring / Weekly Review / 2019
Russia’s car manufacturing industry continues to recover
Russia Russia’s car manufacturing industry continues to recover Rosstat reports that Russian car production rose by 13.3 % from 2017 to 2018. A total of 1.8 million passenger vehicles, busses a...
Bofit.fi / Bofit homepage / Monitoring / Weekly Review / 2019
Russia strengthens its position as China’s biggest oil supplier
China,Russia Russia strengthens its position as China’s biggest oil supplier China imported 462 million metric tons of crude oil last year, an increase of 10 % from 2017. China’s domestic oil p...
Bofit.fi / Bofit homepage / Monitoring / Weekly Review / 2019
Russia actively engages in trade with its neighbours
Russia Russia actively engages in trade with its neighbours Although the significance and number of members of the Commonwealth of Independent States (CIS) have declined, the eleven former Soviet re...
Bofit.fi / Bofit homepage / Monitoring / Weekly Review / 2019
Rapid growth in use of payment cards in Russia
Russia Rapid growth in use of payment cards in Russia The use of new forms of electronic payments has increased rapidly in Russia, and the Central Bank of Russia has clearly indicated its intention ...
Bofit.fi / Bofit homepage / Monitoring / Weekly Review / 2019
Monitoring of partially completed fixed investments in Russia is difficult
Russia Monitoring of partially completed fixed investments in Russia is difficult A recent study of Russia’s Accounts Chamber notes that information about partially implemented fixed investment proj...
Bofit.fi / Bofit homepage / Monitoring / Weekly Review / 2019
Russia announces ratification of the Paris climate accord
Russia Russia announces ratification of the Paris climate accord Russia is the world’s fourth-largest emitter of greenhouse gases (GHGs) after China, the United States and India. Russia signed on to...
Bofit.fi / Bofit homepage / Monitoring / Weekly Review / 2019
Russia discusses how to invest government reserve fund assets
Russia Russia discusses how to invest government reserve fund assets The discussion has focused on investing liquid assets in the National Welfare Fund (NWF) when the liquid assets exceed a tar...
Bofit.fi / Bofit homepage / Monitoring / Weekly Review / 2019
Chinese premier talks up trade during his Russia visit
Russia Chinese premier talks up trade during his Russia visit The Chinese premier Li Keqiang visited Russia on September 16–18. Russian and Chinese prime ministers envisioned doubling the value of m...
Bofit.fi / Bofit homepage / Monitoring / Weekly Review / 2019
Russia’s labour force shrinks along with unemployment
Russia Russia’s labour force shrinks along with unemployment Rosstat’s latest labour market survey, which is based on the methodology of the International Labour Organization (ILO), finds that the e...
Bofit.fi / Bofit homepage / Monitoring / Weekly Review / 2019
Fewer sectors in Russia targeted for direct investment from abroad
Russia Fewer sectors in Russia targeted for direct investment from abroad In recent years, FDI inflows have overwhelmingly focused on the financial sector, the energy sector (basically oil & gas...
Bofit.fi / Bofit homepage / Monitoring / Weekly Review / 2019
BOFIT Forecasts for Russia and China 2020–2022
Russia,China,forecast BOFIT Forecasts for Russia and China 2020–2022 Russia With the coronavirus pandemic and drop in global commodity prices proving more severe than foreseen in the baseline of our...
Bofit.fi / Bofit homepage / BOFIT / News / 2020