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Oil revenues also boost Russia’s foreign currency and gold reserves

Russia Oil revenues also boost Russia’s foreign currency and gold reserves The CBR reports that the value of its foreign currency and gold reserves at the end of last year climbed to 554 billion dol...

Subject: Russia ; Venäjä

Bofit.fi / Bofit homepage / Monitoring / Weekly Review / 2020

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...

Subject: Russia ; Venäjä

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...

Subject: Russia ; Venäjä

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...

Subject: Russia ; Venäjä

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...

Subject: Russia ; Venäjä

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...

Subject: Russia ; Venäjä

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...

Subject: Russia ; Venäjä

Bofit.fi / Bofit homepage / Monitoring / Weekly Review / 2024

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...

Subject: Russia ; Venäjä

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...

Subject: Russia ; Venäjä

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...

Subject: Russia ; Venäjä

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...

Subject: Russia ; Venäjä

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 ...

Subject: Russia ; Venäjä

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 ...

Subject: Russia ; Venäjä

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...

Subject: Russia ; Venäjä

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...

Subject: Russia ; Venäjä

Bofit.fi / Bofit homepage / Monitoring / Weekly Review / 2019

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...

Subject: Russia ; Venäjä

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...

Subject: Russia ; Venäjä

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...

Subject: Russia ; Venäjä

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...

Subject: Russia ; Venäjä

Bofit.fi / Bofit homepage / Monitoring / Weekly Review / 2019

Russia’s goods trade surplus last year was larger than before

Russia Russia’s goods trade surplus last year was larger than before Russian customs reports that in 2018 the country’s goods trade surplus climbed to 212 billion dollars, or roughly 12 % of GD...

Subject: Russia ; Venäjä

Bofit.fi / Bofit homepage / Monitoring / Weekly Review / 2019