Russian Federation; Staff Report for the 2011 Article IV Consultation

Publication Date: September 27, 2011
Electronic Access: Free Full text (PDF file size is 1,448KB).
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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.
Series: Country Report No. 11/294
Subject(s): Article IV consultation reports | Banking sector | Commodity prices | Economic indicators | Economic recovery | Fiscal consolidation | Staff Reports

Notes Also availble in Russian
Publication Date: September 27, 2011
ISBN/ISSN: 9781463904852/1934-7685 Format: Paper
Stock No: 1RUSEA2011003 Pages: 69
US$18.00 (Academic Rate:
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