BOFIT Forecast for Russia 2022–2023 / 1
Russia,forecast,Ukraine BOFIT Forecast for Russia 2022–2023 is published Russia’s war on Ukraine is hurting the Russian economy. In light of instability and uncertainty in Russia, increased internat...
Bofit.fi / Bofit homepage / BOFIT / News / 2022
BOFIT Forecasts for Russia and China 2020-2022
Russia,China,forecast BOFIT Forecasts for Russia and China 2020–2022 Russia We have reduced substantially our forecast for Russian GDP growth to -1 % for this year due to notably lower commodit...
Bofit.fi / Bofit homepage / BOFIT / News / 2020
BOFIT Forecasts for Russia and China 2019-2021
Russia,China,forecast BOFIT Forecasts for Russia and China 2019–2021 Russia Russia’s high growth last year was spurred by transient factors, and growth is expected to subside to lower levels this ye...
Bofit.fi / Bofit homepage / BOFIT / News / 2019
US imposes new sanctions on Russia
Russia US imposes new sanctions on Russia At the beginning of August, president Donald Trump signed an executive order preventing United States financial institutions from participating in new issue...
Bofit.fi / Bofit homepage / Monitoring / Weekly Review / 2019
Russia continues to accumulate foreign currency reserves
Russia Russia continues to accumulate foreign currency reserves The CBR’s foreign currency and gold reserves have grown quickly this year. As of August 1, the reserves stood at about 520 billio...
Bofit.fi / Bofit homepage / Monitoring / Weekly Review / 2019
Russia posts tepid first-half growth
Russia Russia posts tepid first-half growth Although Russian GDP grew by over 2 % last year, the pace of growth slowed to just 0.5 % in the first quarter of this year (BOFIT Weekly 21/2019). Ne...
Bofit.fi / Bofit homepage / Monitoring / Weekly Review / 2019
Venezuela causes headaches for China and Russia
China,Russia Venezuela causes headaches for China and Russia Amidst Venezuela’s catastrophic economic crisis and political impasse, opposition leader Juan Guaidó declared himself interim presid...
Bofit.fi / Bofit homepage / Monitoring / Weekly Review / 2019
Consumer price inflation accelerated in Russia
Russia Consumer price inflation accelerated in Russia The year-on-year change in consumer prices picked up in December to 4.3 %. In early autumn, consumer price inflation was running at 3.5...
Bofit.fi / Bofit homepage / Monitoring / Weekly Review / 2019
Retirement age hike approved in Russia
Russia Retirement age hike approved in Russia On September 27, the Duma, the lower house of the parliament, approved the third reading of a bill to raise the general retirement age by five year...
Bofit.fi / Bofit homepage / Monitoring / Weekly Review / 2018
Russia's public finances in overall balance
Russia Russia's public finances in overall balance Revenues to the consolidated budget (federal, regional and local budgets plus state social fund budgets) increased by over 15 % y‑o‑y in the fi...
Bofit.fi / Bofit homepage / Monitoring / Weekly Review / 2018
Russia approves laws establishing domestic tax havens
Russia Russia approves laws establishing domestic tax havens Under a package of new laws, Russia will establish special administrative zones on Russky Island next to Vladivostok and on Oktyabrsky Is...
Bofit.fi / Bofit homepage / Monitoring / Weekly Review / 2018
Changes is Russia's currency reserve composition
Russia Changes is Russia's currency reserve composition Russia's gold and foreign currency reserves have grown notably since early 2017. They stood at nearly $460 billion at the end of May. ...
Bofit.fi / Bofit homepage / Monitoring / Weekly Review / 2018
Russia's economic recovery stumbles again
Russia Russia's economic recovery stumbles again The Russian economy performed at least slightly better in the first quarter ofthis year overall compared to the halt of growth in the second half...
Bofit.fi / Bofit homepage / Monitoring / Weekly Review / 2018
Significant weakening of Russia’s government finances
#russia Significant weakening of Russia’s government finances Budget revenues declined while spending still increased even after a pull-back Russia’s government budget revenues have slipped in recen...
Bofit.fi / Bofit homepage / Monitoring / Weekly Review / 2023
Russia's fiscal sector strengthened in 2017
Russia Russia's fiscal sector strengthened in 2017 Russia's fiscal sector strengthened in 2017 Consolidated budget revenues (federal, regional and municipal, plus social funds) increased by...
Bofit.fi / Bofit homepage / Monitoring / Weekly Review / 2018
Russia loses more educated people than receives
Russia Russia loses more educated people than receives Russia loses more educated people than receives The Gaidar Institute recently published a review on migration of educated people in Russia. Re...
Bofit.fi / Bofit homepage / Monitoring / Weekly Review / 2018
Sharp drop in births in Russia
Russia Sharp drop in births in Russia Therewere fewer than 1.7 million live births in Russia last year, a drop of 200,000 births from 2016. Last time such a drop in births was seen in early 1990s af...
Bofit.fi / Bofit homepage / Monitoring / Weekly Review / 2018
Concerns over Russia's regional budget deficits
Russia Concerns over Russia's regional budget deficits Regional budgets (consolidated budgets of the regional and local levels) represent slightly over a third of Russia's government-sector ...
Bofit.fi / Bofit homepage / Monitoring / Weekly Review / 2018
Russia depletes its second oil fund
Russia Russia depletes its second oil fund The remaining assets of the Reserve Fund, about 17 billion dollars (1 trillion rubles) were allocated in December to cover the federal budget shortfall. As...
Bofit.fi / Bofit homepage / Monitoring / Weekly Review / 2018
Recovery in fixed investment in Russia slows
Russia Recovery in fixed investment in Russia slows Fixed investment grew by over 3 % y-o-y in the third quarter, down from growth above 6 % in the second quarter. Investment was up by 4.2 % y-o-y i...
Bofit.fi / Bofit homepage / Monitoring / Weekly Review / 2017