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
Significant economic differences across Russia’s cities with populations of more than one million
Russia Significant economic differences across Russia’s cities with populations of more than one million Russia has 16 cities with more than a million inhabitants. The five biggest cities after Mosc...
Bofit.fi / Bofit homepage / Monitoring / Weekly Review / 2019
Russia’s contribution to global oil, gas and coal production held steady last year
Russia Russia’s contribution to global oil, gas and coal production held steady last year British Petroleum’s (BP) latest issue of its Statistical Review of Global Energy finds that Russia accounted...
Bofit.fi / Bofit homepage / Monitoring / Weekly Review / 2019
Intra-elite competition increasingly reflected in institutional behaviour in Russia and the economy more broadly
Russia Intra-elite competition increasingly reflected in institutional behaviour in Russia and the economy more broadly Observers note that the Duma’s increasingly proactive role in legislating and ...
Bofit.fi / Bofit homepage / Monitoring / Weekly Review / 2019
Difficult to form a full picture of Russia’s sizeable public sector procurements
Russia Difficult to form a full picture of Russia’s sizeable public sector procurements Russia’s finance ministry reports that public sector contracts made last year under procurement oversight...
Bofit.fi / Bofit homepage / Monitoring / Weekly Review / 2019
Progress in two natural gas transhipment terminals in Russia’s Arctic and Pacific coasts
Russia Progress in two natural gas transhipment terminals in Russia’s Arctic and Pacific coasts In March, Russian officials granted permits to the Russian gas company Novatek for siting a liquefied ...
Bofit.fi / Bofit homepage / Monitoring / Weekly Review / 2019
Direct investment outflows from Russia remain significantly larger than FDI inflows
Russia Direct investment outflows from Russia remain significantly larger than FDI inflows Flows of direct investment to and from Russia’s non-bank corporate sector have been smaller over the past f...
Bofit.fi / Bofit homepage / Monitoring / Weekly Review / 2019
Russia’s national ecology project addresses a range of environmental issues
Russia Russia’s national ecology project addresses a range of environmental issues One of the twelve programmes included in president Putin’s inaugural May Decrees of 2018 (BOFIT Weekly 08/2019) see...
Bofit.fi / Bofit homepage / Monitoring / Weekly Review / 2019
Russia last year produced and exported more gas and oil than before
Russia Russia last year produced and exported more gas and oil than before Russia extracted 556 million metric tons of crude oil and associated gas in 2018. Average daily crude production exceeded 1...
Bofit.fi / Bofit homepage / Monitoring / Weekly Review / 2019
Central Bank of Russia resumes forex-buying mandated by fiscal rule
Russia Central Bank of Russia resumes forex-buying mandated by fiscal rule On January 15, the Central Bank restarted its foreign currency buying tied to the government’s fiscal rule after a five mon...
Bofit.fi / Bofit homepage / Monitoring / Weekly Review / 2019
Russia and Turkey celebrate progress in Black Sea gas pipeline project
Russia Russia and Turkey celebrate progress in Black Sea gas pipeline project The new Black Sea gas pipeline Turkish Stream (TurkStream) runs under the sea bottom from Krasnodar to west of Istanbul....
Bofit.fi / Bofit homepage / Monitoring / Weekly Review / 2018
Ruble and stock markets tumble on Russia’s February 24 invasion of Ukraine
Russia Ruble and stock markets tumble on Russia’s February 24 invasion of Ukraine The ruble’s exchange rate has fallen to historical lows this week. Western sanctions have blocked the Central Bank o...
Bofit.fi / Bofit homepage / Monitoring / Weekly Review / 2022
Russia’s unprovoked attack on Ukraine draws massive economic sanctions from the West
Russia Russia’s unprovoked attack on Ukraine draws massive economic sanctions from the West The new sanctions include restrictions on the financial sector, export bans and sanctions targeting specif...
Bofit.fi / Bofit homepage / Monitoring / Weekly Review / 2022
Death rate in Russia hit historical high last year; covid infections soar
Russia Death rate in Russia hit historical high last year; covid infections soar Preliminary Rosstat figures put Russia’s population at the end of 2021 at 143 million people (does not include popula...
Bofit.fi / Bofit homepage / Monitoring / Weekly Review / 2022
Employment in Russia returns to pre-recession levels as unemployment drops to historical lows
Russia Employment in Russia returns to pre-recession levels as unemployment drops to historical lows The 2020 recession was brief and rather shallow, causing the number of employed persons to declin...
Bofit.fi / Bofit homepage / Monitoring / Weekly Review / 2022
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