Russian Federation: Report on Post-Program Monitoring Discussions
Electronic Access:
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Summary:
Economic developments in 2000 have dominated by the strength of the balance of payments. Real GDP has grown by 7.5 percent in 2000, but the momentum has slowed during the year. The external current account surplus is estimated at US$45 billion (18 percent of GDP) in 2000, driven by the sharp increase in international energy prices and still compressed imports from the pre-crisis period. The budget has recorded a strong surplus in 2000, even though the fiscal stance has relaxed during the fourth quarter.
Series:
Country Report No. 2001/102
Subject:
Balance of payments Correspondent banking Current account Expenditure External debt Financial services Oil prices Prices
English
Publication Date:
July 18, 2001
ISBN/ISSN:
9781451832990/1934-7685
Stock No:
1RUSEA0012001
Pages:
51
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