Alexei Ulyukayev, Russia's former economy minister, convicted of soliciting bribes
Russia Alexei Ulyukayev, Russia's former economy minister, convicted of soliciting bribes Alexei Ulyukayev, Russia's former economy minister, convicted of soliciting bribes Ulyukayev was ar...
Bofit.fi / Bofit homepage / Monitoring / Weekly Review / 2017
The fastest recovery phase for Russia's government budgets is over
Russia The fastest recovery phase for Russia's government budgets is over The fastest recovery phase for Russia's government budgets is over The recovery of revenues to the consolidated bud...
Bofit.fi / Bofit homepage / Monitoring / Weekly Review / 2017
Russia's 2018−20 monetary policy guidelines stress the role of inflation expectations
Russia's 2018−20 monetary policy guidelines stress the role of inflation expectations The Central Bank of Russia reaffirmed its inflation target of "close to 4 %" a year on average. The...
Bofit.fi / Bofit homepage / Monitoring / Weekly Review / 2017
CEFC China Energy actively investing in Russia, but goods trade remains the focus of economic relations
Russia CEFC China Energy actively investing in Russia, but goods trade remains the focus of economic relations An under-the-radar Chinese firm, CEFC China Energy, which had never invested earlier in...
Bofit.fi / Bofit homepage / Monitoring / Weekly Review / 2017
Russia ranks higher in World Bank Doing Business survey than in most comparisons
Russia ranks higher in World Bank Doing Business survey than in most comparisons The World Bank's latest Doing Business international comparison of regulatory environments ranks Russia 35th out o...
Bofit.fi / Bofit homepage / Monitoring / Weekly Review / 2017
Government fixed investment soars in Russia as corporate fixed investment remains weak
Russia Government fixed investment soars in Russia as corporate fixed investment remains weak Rosstat reports that fixed investment rose in real terms as much as by 4 % y-o-y in the second quar...
Bofit.fi / Bofit homepage / Monitoring / Weekly Review / 2022
Russia facing harsher economic outlook for the rest of this year
Russia Russia facing harsher economic outlook for the rest of this year The preliminary figures from Rosstat show Russian GDP contracted by 4 % y-o-y in the second quarter. Thanks to strong gro...
Bofit.fi / Bofit homepage / Monitoring / Weekly Review / 2022
Russia’s federal budget sees exceptional drop in revenues in July; spending continues to rise
Russia Russia’s federal budget sees exceptional drop in revenues in July; spending continues to rise Federal budget revenues in July declined by 25 % from a year earlier. Tax revenues from oil ...
Bofit.fi / Bofit homepage / Monitoring / Weekly Review / 2022
Ukrainian Black Sea grain shipments resume with UN-brokered agreement between Ukraine and Russia
Russia Ukrainian Black Sea grain shipments resume with UN-brokered agreement between Ukraine and Russia On July 27, 2022, Ukraine, Russia, Turkey and the UN signed an agreement allowing resumption o...
Bofit.fi / Bofit homepage / Monitoring / Weekly Review / 2022
Trade with North Korea has little economic significance for China and Russia
China,Russia Trade with North Korea has little economic significance for China and Russia US president Donald Trump last weekend threatened to cut trade relations with countries that do business wit...
Bofit.fi / Bofit homepage / Monitoring / Weekly Review / 2017
Despite stable oil prices, the ruble strengthens and Russia's stock markets fall
Despite stable oil prices, the ruble strengthens and Russia's stock markets fall In recent years, the ruble's exchange rate and Russian stock market prices have closely tracked trends in oil ...
Bofit.fi / Bofit homepage / Monitoring / Weekly Review / 2017
Fixed investment by Russia's large and mid-sized firms still in low territory
Fixed investment by Russia's large and mid-sized firms still in low territory Rosstat reports that the recovery in seasonally adjusted total fixed investment continued in the fourth quarter of 20...
Bofit.fi / Bofit homepage / Monitoring / Weekly Review / 2017
Industry recovers in Russia's federal districts, while retail sales continue to contract
Industry recovers in Russia's federal districts, while retail sales continue to contract Industrial output increased in 2016 in all of Russia's federal districts (FD), which encompass numerou...
Bofit.fi / Bofit homepage / Monitoring / Weekly Review / 2017
Bank profitability improved in Russia, even with a decline in corporate borrowing
Bank profitability improved in Russia, even with a decline in corporate borrowing Figures from the Central Bank of Russia show total banking sector assets nominally declined last year by 3.5 %. If ru...
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