{
  "title": "Russian Federation: 2017 Article IV Consultation-Press Release; Staff Report",
  "publication": "IMF Staff Country Reports, July 10, 2017",
  "sourceUrl": "https://www.imf.org/en/publications/cr/issues/2017/07/10/russian-federation-2017-article-iv-consultation-press-release-staff-report-45054",
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  "summary": "This 2017 Article IV Consultation highlights that the Russian economy stabilized in 2016, contracting by just 0.2 percent of GDP, after being hit in 2014 by the dual shocks of lower oil prices and sanctions.",
  "publishDate": "2017-07-10",
  "series": "IMF Staff Country Reports",
  "sections": [
    {
      "heading": "Economic performance and outlook",
      "content": "- The Russian economy stabilized in 2016, contracting by just 0.2 percent of GDP.\n- The economy was hit in 2014 by the dual shocks of lower oil prices and sanctions.\n- More stable oil prices and improved financial conditions are expected to support a return to growth in 2017, with an expected increase in real GDP of 1.4 percent.\n- Growth is forecast to continue at 1.4 percent in 2018.\n- With adverse demographics, and barring significant structural reforms that lifts productivity, potential growth is likely to stay at about 1.50 percent over the medium term.\n- The main risk to the outlook remains a fall in oil prices."
    },
    {
      "heading": "Themes and areas of focus (as presented)",
      "content": "- Fiscal policy\n- Fiscal rules\n- Fiscal stance\n- Inflation\n- Oil prices\n- Prices\n\n---\n\n Content in this bundle\n\n- Country Report\n  - Country Report (Markdown version){rel=\"alternate\" type=\"text/markdown\"}\n  - Country Report (PDF){rel=\"external\" type=\"application/pdf\"}\n\n---\n\nSource: https://www.imf.org/en/publications/cr/issues/2017/07/10/russian-federation-2017-article-iv-consultation-press-release-staff-report-45054"
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    "Published: July 10, 2017",
    "Series: IMF Staff Country Reports",
    "DOI: https://doi.org/10.5089/9781484308196.002",
    "The Russian economy stabilized in 2016, contracting by just 0.2 percent of GDP.",
    "The economy was hit in 2014 by the dual shocks of lower oil prices and sanctions.",
    "More stable oil prices and improved financial conditions are expected to support a return to growth in 2017, with an expected increase in real GDP of 1.4 percent.",
    "Growth is forecast to continue at 1.4 percent in 2018.",
    "With adverse demographics, and barring significant structural reforms that lifts productivity, potential growth is likely to stay at about 1.50 percent over the medium term.",
    "The main risk to the outlook remains a fall in oil prices.",
    "Fiscal policy",
    "Fiscal rules",
    "Fiscal stance",
    "Inflation",
    "Oil prices",
    "Prices",
    "**Country Report**"
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