Russian Federation : Staff Report for the 2003 Article IV Consultation

Author/Editor:

International Monetary Fund

Publication Date:

May 30, 2003

Electronic Access:

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Summary:

This 2003 Article IV Consultation highlights that the macroeconomic developments in the Russian Federation remained generally strong, with a third consecutive year of considerable GDP growth, fiscal surplus, and large current account surplus. The economy continues to benefit from the earlier reforms and the post-crisis real depreciation of the ruble, as well as strong world energy prices. For a second consecutive year, Russian financial markets were among the best performing in the world, and rating agencies provided a series of upgrades in 2002.

Series:

Country Report No. 03/144

Subject:

English

Publication Date:

May 30, 2003

ISBN/ISSN:

9781451833010/1934-7685

Stock No:

1RUSEA0012003

Price:

$15.00 (Academic Rate:$15.00)

Format:

Paper

Pages:

59

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