Russian Federation : Staff Report for the 2015 Article IV Consultation

Author/Editor:

International Monetary Fund. European Dept.

Publication Date:

August 3, 2015

Electronic Access:

Free Full text (PDF file size is 1700 KB).Use the free Adobe Acrobat Reader to view this PDF file

Summary:

This 2015 Article IV Consultation highlights that Russia entered 2014 with declining potential growth owing to the stabilization of oil prices, stalled structural reforms, weak investment, declining total factor productivity, and adverse population dynamics. In addition, the ongoing slowdown was exacerbated by the dual external shocks from the sharp decline in oil prices and sanctions. The authorities took measures to stabilize the economy and the financial system. Russia is expected to be in recession in 2015 owing to the sharp drop in oil prices and sanctions. Growth should resume in 2016 while inflation continues to decline.

Series:

Country Report No. 15/211

Subject(s):

Notes:

Also Available in Russian

English

Publication Date:

August 3, 2015

ISBN/ISSN:

9781513502441/1934-7685

Stock No:

1RUSEA2015001

Price:

$18.00 (Academic Rate:$18.00)

Format:

Paper

Pages:

63

Please address any questions about this title to publications@imf.org