Russian Federation: Staff Report for the 2011 Article IV Consultation

September 27, 2011

Preview Citation

Format: Chicago

Russian Federation: Staff Report for the 2011 Article IV Consultation, (USA: International Monetary Fund, 2011) accessed September 20, 2024

Also available in: русский

Summary

The reports highlights that, even though the Russian economy has started reviving from the crisis, growth has been moderate and inflation high. Executive Directors have advised that the focus should be on reducing fiscal vulnerabilities, lowering inflation, promoting a stronger and more competitive banking system, and creating a favorable environment for investment and economic diversification. Directors encouraged the authorities to undertake growth-friendly, credible, and ambitious fiscal consolidation. They have supported the Financial Sector Assessment Program (FSAP) recommendations to strengthen financial sector policies.

Subject: External debt, Fiscal policy, Prices, Public debt

Keywords: CR, Deficit, Food price, Food price deflation, Global, Growth outlook, Inflation, Inflation data, ISCR, Nonoil deficit, Oil prices, Outturn, Price

Publication Details

Pages:

69
Volume:

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DOI:

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Issue:

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Series:

Country Report No. 2011/294
Stock No:

1RUSEA2011003
ISBN:

9781463904852
ISSN:

1934-7685

Notes

Also availble in Russian

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