Russian Federation: 2020 Article IV Consultation-Press Release; Staff Report
February 9, 2021
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Russia entered the crisis with low potential growth but strong macroeconomic policy frameworks and significant buffers. Policy space allowed the authorities to mount a sizeable public health and countercyclical response to the crisis, which has helped limit the economic downturn. Nevertheless, the crisis is likely to leave some long-term scars.
Subject: Financial crises, Financial institutions, Fiscal policy, Fiscal stance, Inflation, International organization, Loans, Monetary policy, Oil prices, Prices
Keywords: CONSULTATION-SUPPLEMENTARY information, Fiscal stance, Global, IMF staff estimate, Inflation, January data, Loans, Oil prices, Policy discussion, preliminary data, staff appraisal, upside risk
Pages:
74
Volume:
2021
DOI:
Issue:
036
Series:
Country Report No. 2021/036
Stock No:
1RUSEA2021001
ISBN:
9781513568751
ISSN:
1934-7685
