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June 27, 2014
September 18, 2013
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July 23, 2010

Article IV Staff Reports

Financial Sector Assessment Program

Projected % Change
   2014  2015
Real GDP 1.3 2.3
Consumer Prices 5.8 5.3
Source: World Economic Outlook (April 2014)
Please refer to more recent PIN/Staff reports on this country for possible revisions.

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Russian Federation and the IMF
Updated July 2, 2014

The last Article IV Executive Board Consultation was on June 27, 2014. Listed below are items related to the Russian Federation, in reverse chronological order (you can also view items by category).

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July 01, 2011 -- FDI from BRICs to LICs: Emerging Growth Driver?
Author/Editor: Mlachila, Montfort | Takebe, Misa
Series: Working Paper No. 11/178
June 14, 2011 -- Russian Federation—Concluding Statement for the 2011 Article IV Consultation Mission
Describes the preliminary findings of IMF staff at the conclusion of certain missions (official staff visits, in most cases to member countries). Missions are undertaken as part of regular (usually annual) consultations under Article IV of the IMF's Articles of Agreement, in the context of a request to use IMF resources (borrow from the IMF), as part of discussions of staff monitored programs, and as part of other staff reviews of economic developments.
June 14, 2011 -- Press Release: Statement at the Conclusion of the 2011 Article IV Consultation Mission to Russia
May 25, 2011 -- Russia: Key Findings and Recommendations of the 2011 Stability Module Under the Financial Sector Assessment Program (FSAP)
Describes the preliminary findings of IMF staff at the conclusion of certain missions (official staff visits, in most cases to member countries). Missions are undertaken as part of regular (usually annual) consultations under Article IV of the IMF's Articles of Agreement, in the context of a request to use IMF resources (borrow from the IMF), as part of discussions of staff monitored programs, and as part of other staff reviews of economic developments.
May 24, 2011 -- Press Release: Statement by the IMF Executive Directors Representing Brazil, Russia, India, China and South Africa on the Selection Process for Appointing an IMF Managing Director
April 13, 2011 -- Transcript of a Press Conference on the International Monetary Fund’s Global Financial Stability Report
April 12, 2011 -- Press Release: Statement at the Conclusion of the IMF’s Financial Stability Assessment Mission to Russia Under the IMF’s Financial Sector Assessment Program
March 08, 2011 -- Russian Federation: Report on Observance of Standards and Codes-Data Module
Series: Country Report No. 11/56
January 25, 2011 -- Financial Market Update:
Nearly four years after the onset of the largest financial crisis since the Great Depression, global financial stability is still not assured and significant policy challenges remain. Balance sheet restructuring is incomplete and leverage is still high. The interaction between banking and sovereign credit risks in the euro area remains a critical factor. At the global level, regulatory reforms are still needed to put the financial sector on a sounder footing. At the same time, accommodative policies in advanced economies and relatively favorable fundamentals in some emerging market countries are spurring capital inflows, so emerging countries must watch for signs of asset price bubbles and excessive credit.
Text also available in: عربي; 中文; Español; Français; Русский.
January 12, 2011 -- New Growth Drivers for Low-Income Countries - The Role of the BRICs
Subject: Economic growth | Brazil | Russian Federation | India | China, People's Republic of | Low-income developing countries | Foreign direct investment | Development financing | Infrastructure | Bilateral trade | Trade relations | Cross country analysis
December 09, 2010 -- Press Release: Statement by IMF Mission to Russia
December 08, 2010 -- Russian Federation -- Concluding Statement for the December 2010 Staff Visit
Describes the preliminary findings of IMF staff at the conclusion of certain missions (official staff visits, in most cases to member countries). Missions are undertaken as part of regular (usually annual) consultations under Article IV of the IMF's Articles of Agreement, in the context of a request to use IMF resources (borrow from the IMF), as part of discussions of staff monitored programs, and as part of other staff reviews of economic developments.
October 28, 2010 -- IMF Survey: Recovery Takes Hold in Caucasus, Central Asia
The economic upturn in the Caucasus and Central Asia is gathering momentum, with growth for the region projected to increase to 5¾ percent in 2010 from 3½ percent in 2009, the IMF says in its latest forecast for the region.
October 06, 2010 -- Transcript of a Press Briefing on the International Monetary Fund’s World Economic Outlook
September 01, 2010 -- IMF Survey: Wheat Price Jump a Supply Shock That Should Unwind
Despite a large rise driven by a weather-related supply shock emanating from key exporters in the former Soviet Union, wheat prices remain well below levels reached during the boom in 2008. Market pricing indicates that the risks of further large price spikes have eased.
August 02, 2010 -- Public Information Notice: IMF Executive Board Concludes 2010 Article IV Consultation with Russian Federation
Each Public Information Notice contains a background section, a table of selected economic indicators, and an Executive Board assessment.
August 02, 2010 -- IMF Survey: Russia: Fragile Recovery from Crisis
The IMF expects Russia's economy to resume growth in 2010, by 4¼ percent, after a contraction of 7.9 percent in 2009. Inflation has fallen rapidly, the current and capital accounts have both rebounded from sharp deteriorations, and the ruble has strengthened.
July 30, 2010 -- Russian Federation: 2010 Article IV Consultation - Staff Report; and Public Information Notice on the Executive Board Discussion
Series: Country Report No. 10/246
Notes: Also available in Russian.
July 29, 2010 -- Transcript of Teleconference Call on Ukraine with Thanos Arvanitis, Mission Chief for Ukraine, and Max Alier, Resident Representative in Kiev
July 07, 2010 -- Financial Market Update:
Despite generally improved economic conditions and a long period of healing after the failure of Lehman Brothers, progress toward global financial stability has recently experienced a setback. Sovereign risks in parts of the euro area have materialized and spread to the financial sector there, threatening to spill over to other regions and re-establish an adverse feedback loop with the economy. Further decisive follow-up is needed to the significant national and supranational policy responses that have been taken in order to strengthen confidence in the financial system and ensure continuation of the economic recovery. Text also available in: عربي; 中文; Español; Français; 日本語; Русский; and 한국어.

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