Russia moves to limit public sector wage hikes
Russia moves to limit public sector wage hikes On Monday (Apr. 6), president Vladimir Putin signed an amendment suspending current law on public sector wages for the next nine months. The law mandate...
Bofit.fi / Bofit homepage / Monitoring / Weekly Review / 2015
Federal budget turned to slight deficit in 2014 (Russia)
Federal budget turned to slight deficit in 2014 (Russia) Budget revenues increased by 11 % last year. There was a bigger rise in revenues in these nominal terms during the final months of the year, r...
Bofit.fi / Bofit homepage / Monitoring / Weekly Review / 2015
Major institutions lower their outlooks for Russia and Ukraine.
Major institutions lower their outlooks for Russia and Ukraine. The World Bank, IMF and EBRD have all released revised outlooks for Russia. Noting low crude oil prices, economic sanctions and structu...
Bofit.fi / Bofit homepage / Monitoring / Weekly Review / 2015
SCO summit announcements include construction of a new Russia-China gas pipeline and establishing a new development bank
china,economy,BOFIT Weekly Review SCO summit announcements include construction of a new Russia-China gas pipeline and establishing a new development bank This year’s 25th Shanghai Cooperation Organ...
Bofit.fi / Bofit homepage / Monitoring / Weekly Review / 2025
Partial release of balance-of-payments data gives general picture of Russia’s import decline and large capital outflows
Russia Partial release of balance-of-payments data gives general picture of Russia’s import decline and large capital outflows After a several months’ pause, the Bank of Russia released balance-of-p...
Bofit.fi / Bofit homepage / Monitoring / Weekly Review / 2022
Russia plans to increase government revenues in the next few years without hikes in large general taxes
Russia plans to increase government revenues in the next few years without hikes in large general taxes In the draft 2017‒2019 federal budget submitted to the Duma, the finance ministry computed that...
Bofit.fi / Bofit homepage / Monitoring / Weekly Review / 2016
Government sector revenues in Russia have turned to rise, spending growth still brisk even if strong stimulus behind
Russia Government sector revenues in Russia have turned to rise, spending growth still brisk even if strong stimulus behind The consolidated budget, which comprises federal, regional, municipal and ...
Bofit.fi / Bofit homepage / Monitoring / Weekly Review / 2021
At close to $600 billion, Russia holds the world’s fourth-largest foreign currency and gold reserves
Russia At close to $600 billion, Russia holds the world’s fourth-largest foreign currency and gold reserves At the end of 2020, the value of Russia’s total international reserves, including gold, am...
Bofit.fi / Bofit homepage / Monitoring / Weekly Review / 2021
Rising investment in Russia slows economic slide, but sees increased role of state-owned enterprises and the government
#Russia Rising investment in Russia slows economic slide, but sees increased role of state-owned enterprises and the government Real growth in fixed investment exceeded 3 % y-o-y in the third q...
Bofit.fi / Bofit homepage / Monitoring / Weekly Review / 2022
IMF anticipates significant slowdown in global growth next year; Russia’s recession likely to be milder than earlier expected
Russia IMF anticipates significant slowdown in global growth next year; Russia’s recession likely to be milder than earlier expected The IMF’s latest World Economic Outlook predicts that the world e...
Bofit.fi / Bofit homepage / Monitoring / Weekly Review / 2022
BOFIT Visiting researcher application period 2024
<p class="" style="text-align: left;"><strong>BOFIT Visiting Researchers Programme – call for autumn/winter 2024</strong></p> <p style="te...
Bofit.fi / Bofit homepage / BOFIT / News / 2024
Capital flows between Russia and the rest of the world remarkably small
Capital flows between Russia and the rest of the world remarkably small Preliminary balance-of-payments figures show that the net outflow of private capital fell in 2015. This was despite banks payi...
Bofit.fi / Bofit homepage / Monitoring / Weekly Review / 2016
Critical reports from Accounts Chamber on economic forecast that forms basis for Russia’s government budget projections generate questions about budget expenditures
Russia Critical reports from Accounts Chamber on economic forecast that forms basis for Russia’s government budget projections generate questions about budget expenditures Reports by Russia’s Accoun...
Bofit.fi / Bofit homepage / Monitoring / Weekly Review / 2020
As the world’s largest wheat exporter, Russia plays a major role in food security of Africa and the Middle East
Russia As the world’s largest wheat exporter, Russia plays a major role in food security of Africa and the Middle East Russia is a major global producer and exporter of grains. Figures from the UN’s...
Bofit.fi / Bofit homepage / Monitoring / Weekly Review / 2022
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
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
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
This year's IMF Article IV consultation provides important recommendations to Russia
Russia This year's IMF Article IV consultation provides important recommendations to Russia This year's IMF Article IV consultation provides important recommendations to Russia The IMF kept...
Bofit.fi / Bofit homepage / Monitoring / Weekly Review / 2017
Russia on shaky ground in its ability to service foreign debt
Russia Russia on shaky ground in its ability to service foreign debt The restrictions imposed to support the ruble and Russia’s financial markets have made it difficult for firms to conduct normal f...
Bofit.fi / Bofit homepage / Monitoring / Weekly Review / 2022
Russia’s federal budget revenues declined especially in May and June, but spending climbed up
Russia Russia’s federal budget revenues declined especially in May and June, but spending climbed up For the May-June period, federal budget revenues from oil & gas production taxes and export d...
Bofit.fi / Bofit homepage / Monitoring / Weekly Review / 2020