Outflow of private capital from Russia and foreign currency cash holdings up sharply in 4Q2014
Outflow of private capital from Russia and foreign currency cash holdings up sharply in 4Q2014 As the immediate reason to the ruble’s slide, together the net capital outflow and the forex cash increa...
Bofit.fi / Bofit homepage / Monitoring / Weekly Review / 2015
Investment in Russia declines; structure of branches targeted for investment continues to shift
Investment in Russia declines; structure of branches targeted for investment continues to shift Fixed capital investments in Russia fell nearly 3 % last year. The on-year change decayed further in Ja...
Bofit.fi / Bofit homepage / Monitoring / Weekly Review / 2015
Russia’s economic growth slows further in August; BOFIT forecasts lower growth in the years ahead
Russia,economy Russia’s economic growth slows further in August; BOFIT forecasts lower growth in the years ahead GDP growth slowed in August The preliminary estimate of the economic development min...
Bofit.fi / Bofit homepage / Monitoring / Weekly Review / 2024
Russia plans on increasing government spending next year; fighting inflation could become more difficult
Russia,economy Russia plans on increasing government spending next year; fighting inflation could become more difficult Federal budget revenues and spending set to rise next year Russia’s new budget...
Bofit.fi / Bofit homepage / Monitoring / Weekly Review / 2024
Russia continued on a more moderate growth path in July; fixed investment supported first-half growth
Russia Russia continued on a more moderate growth path in July; fixed investment supported first-half growth Russian economic growth slowed significantly in June, but sustained its lower pace in Jul...
Bofit.fi / Bofit homepage / Monitoring / Weekly Review / 2024
Russia’s national goals increasingly focus on nationalist themes and self-sufficiency
Russia’s national goals increasingly focus on nationalist themes and self-sufficiency President Vladimir Putin was inaugurated to another term as Russia’s president on May 7. He announced the member...
Bofit.fi / Bofit homepage / Monitoring / Weekly Review / 2024
Russia’s overall economic performance steady in February; construction investment has supported wartime growth
Russia’s overall economic performance steady in February; construction investment has supported wartime growth February’s numbers suggest little change in Russia’s economic trends. 12-month growth wa...
Bofit.fi / Bofit homepage / Monitoring / Weekly Review / 2024
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 moves its large excess oil tax revenues from 2018 into the reserve fund
Russia Russia moves its large excess oil tax revenues from 2018 into the reserve fund The finance ministry deposited over 65 billion dollars (equal to about 4 % of GDP) in the National Wel...
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
New information about Russia’s military-industrial complex and its bank debts
Russia New information about Russia’s military-industrial complex and its bank debts Russia’s military industrial complex (Oboronno-promyshlennyi kompleks, OPK), which comprises over 1,300 firm...
Bofit.fi / Bofit homepage / Monitoring / Weekly Review / 2019
Russia prepares new measures to support firms subject to Western sanctions
Russia Russia prepares new measures to support firms subject to Western sanctions In order to systematise subsidies, Russia’s finance ministry has proposed a legal distinction for firms subject to W...
Bofit.fi / Bofit homepage / Monitoring / Weekly Review / 2019
Russia’s foreign currency reserves swell to highest level in years
Russia Russia’s foreign currency reserves swell to highest level in years As of end-September, the value of Russia’s foreign currency and gold reserves reached 531 billion dollars, its highest level...
Bofit.fi / Bofit homepage / Monitoring / Weekly Review / 2019
Stimulus included in Russia’s 2020−2022 government sector budget framework
Russia Stimulus included in Russia’s 2020−2022 government sector budget framework The finance ministry’s three-year fiscal framework covers the entire consolidated budget. That includes the federal ...
Bofit.fi / Bofit homepage / Monitoring / Weekly Review / 2019
Russia and Turkey want to increase bilateral use of their currencies
Russia Russia and Turkey want to increase bilateral use of their currencies At the beginning of this month, Russia and Turkey signed an agreement that seeks, among other things, to increase the use ...
Bofit.fi / Bofit homepage / Monitoring / Weekly Review / 2019
Russia and China rise in World Bank rankings; unchanged in WEF rankings
Russia Russia and China rise in World Bank rankings; unchanged in WEF rankings Both annual comparisons were released in October. The World Bank’s survey of 190 economies in Doing Business 2020 shows...
Bofit.fi / Bofit homepage / Monitoring / Weekly Review / 2019
Russia’s central bank lowers key rate and revises forecasts downwards
Russia Russia’s central bank lowers key rate and revises forecasts downwards On September 6, the Central Bank of Russia’s board of directors again lowered the key rate by 0.25 percentage points...
Bofit.fi / Bofit homepage / Monitoring / Weekly Review / 2019
Fixed investment increased in Russia, government plans funding for investment projects
Russia Fixed investment increased in Russia, government plans funding for investment projects In the first half of this year, real fixed investment increased notably and was up by 5 % from two ...
Bofit.fi / Bofit homepage / Monitoring / Weekly Review / 2021
BOFIT Russia forecast sees slow recoveries for the economy and imports
BOFIT Russia forecast sees slow recoveries for the economy and imports The GDP contraction in the first half was mild (less than 1 % y-o-y), given that the oil price was 30 % lower than in 1H15 and o...
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