IMF Staff Country Reports

Russian Federation : 2017 Article IV Consultation-Press Release; Staff Report

Author/Editor:

International Monetary Fund. European Dept.

Publication Date:

July 10, 2017

Electronic Access:

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Summary:

After two years of recession, the economy is recovering due to higher oil prices and improved sentiment, amid tight fiscal and monetary policies. Medium-term prospects are nonetheless subdued given the expected stability of oil prices over the forecasting period and a structurally weak economy. Structural reforms over the past year consisted of a high profile partial privatization and other small measures.

Series:

Country Report No. 17/197

Subject:

Article IV consultation reports Balance of payments statistics Banking sector Debt sustainability analysis Economic indicators Fiscal consolidation Fiscal policy Fiscal reforms Monetary policy Oil prices Press releases Russian Federation Staff reports