Russia signs on to OECD’s Automatic Exchange of Information initiative
Russia signs on to OECD’s Automatic Exchange of Information initiative The OECD and G20 countries have developed the Automatic Exchange of Information (AEOI) standard procedure as a way to increase i...
Bofit.fi / Bofit homepage / Monitoring / Weekly Review / 2016
Russia dips into the Reserve Fund to cover the budget deficit
Russia dips into the Reserve Fund to cover the budget deficit Russia waited until April to tap the Reserve Fund this year, withdrawing a total of 390 billion rubles ($6 billion). At the end of April,...
Bofit.fi / Bofit homepage / Monitoring / Weekly Review / 2016
Net FDI inflow to Russia falls to lowest level in over a decade
Net FDI inflow to Russia falls to lowest level in over a decade The net inflow of foreign direct investment into Russia last year was less than $5 billion and remained positive only due to reinvested...
Bofit.fi / Bofit homepage / Monitoring / Weekly Review / 2016
Russia and other major oil producers fail to reach agreement on oil production freeze
Russia and other major oil producers fail to reach agreement on oil production freeze Last weekend, Russia and a number of other non-OPEC countries resumed talks with several OPEC members. In Februar...
Bofit.fi / Bofit homepage / Monitoring / Weekly Review / 2016
As China and Russia boost military spending, so do their neighbours
As China and Russia boost military spending, so do their neighbours New data compiled by the Stockholm International Peace Research Institute (SIPRI) show that military spending of governments increa...
Bofit.fi / Bofit homepage / Monitoring / Weekly Review / 2016
Capital flows between Russia and the rest of the world remain small
Capital flows between Russia and the rest of the world remain small Especially in light of seasonal variations, the net flow of private capital abroad was very small in the first quarter. Like last y...
Bofit.fi / Bofit homepage / Monitoring / Weekly Review / 2016
China and Russia see Panama Papers as Western attempt to destabilise their political systems
China and Russia see Panama Papers as Western attempt to destabilise their political systems The unprecedentedly large data leak on offshore companies released last week by the International Consorti...
Bofit.fi / Bofit homepage / Monitoring / Weekly Review / 2016
Russia’s finance ministry issues 250 billion rubles worth of domestic bonds in first quarter
Russia’s finance ministry issues 250 billion rubles worth of domestic bonds in first quarter For the first time since 2011, the latest government domestic bond issues have been almost fully subscrib...
Bofit.fi / Bofit homepage / Monitoring / Weekly Review / 2016
Russia's central bank lowers key rate and revises forecast up slightly
Russia's central bank lowers key rate and revises forecast up slightly Russia's central bank lowers key rate and revises forecast up slightly At its regular monetary policy meeting on June 1...
Bofit.fi / Bofit homepage / Monitoring / Weekly Review / 2017
Despite promising signs, the basis of Russia's economic recovery remains fragile
Despite promising signs, the basis of Russia's economic recovery remains fragile Despite promising signs, the basis of Russia's economic recovery remains fragile Growthin industrialoutput ju...
Bofit.fi / Bofit homepage / Monitoring / Weekly Review / 2017
Russia has not yet dipped into its oil funds this year
Russia has not yet dipped into its oil funds this year Russia has not yet dipped into its oil funds this year Higher-than-expected oil prices have increased Russia's budget revenues and finance ...
Bofit.fi / Bofit homepage / Monitoring / Weekly Review / 2017
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
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