Executive Board
Board Discussions
on the Russian Federation:

June 29, 2016
July 29, 2015
June 27, 2014
September 18, 2013
July 27, 2012

Article IV Staff Reports

Financial Sector Assessment Program

Projected % Change
   2017  2018
Real GDP 1.4 1.4
Consumer Prices 4.5 4.2
Source: World Economic Outlook (April 2017)
Please refer to more recent Press Release/Staff reports on this country for possible revisions.

Article IV Staff Reports

Financial Sector Assessment Program

Russian Federation: Financial Position in the Fund

Transactions with the Fund

Central Bank
Central Bank of the Russian Federation

Finance Ministry
Ministry of Finance

The Government of the Russian Federation

IMF Resident Representative
Office in the Russian Federation

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Russian Federation and the IMF
Updated April 4, 2017

The last Article IV Executive Board Consultation was on June 29, 2016. Listed below are items related to the Russian Federation, in reverse chronological order (you can also view items by category).

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May 10, 2010 -- Transcript of Press Briefing by International Monetary Fund First Deputy Managing Director John Lipsky on the Euro Countries Stabilization Measures, Washington, D.C.
April 21, 2010 -- Russian Federation: Financial Sector Stability Assessment Update
Series: Country Report No. 10/96
April 01, 2010 -- Russia's Output Collapse and Recovery: Evidence from the Post-Soviet Transition
Author/Editor: Kvintradze, Eteri
Series: Working Paper No. 10/89
February 01, 2010 -- Evaluation of the Oil Fiscal Regime in Russia and Proposals for Reform
Author/Editor: Goldsworthy, Brenton | Zakharova, Daria
Series: Working Paper No. 10/33
February 01, 2010 -- Optimal Monetary Policy with Overlapping Generations of Policymakers
Author/Editor: Shamloo, Maral
Series: Working Paper No. 10/32
January 26, 2010 -- Financial Market Update:
Systemic risks have continued to subside as economic fundamentals have improved and substantial public support remains in place. Despite improvements, financial stability remains fragile in many advanced countries and some hard-hit emerging market countries. A top priority is to improve the health of these banking systems so as to ensure the credit channel is normalized. The transfer of financial risks to sovereign balance sheets and the higher public debt levels also add to financial stability risks and complicate the exit process. Capital inflows into some emerging market countries are beginning to raise concerns about asset price and exchange rate pressures. Policymakers in these countries may need to exit earlier from their supportive policies to contain financial stability risks. For all countries, the goal is to exit from the extraordinary public interventions to a global financial system that is safer, but retains the dynamism needed to support sustainable growth.
Text also available in: عربي; 中文; Español; Français; 日本語; Русский; and Tiếng Việt.
January 14, 2010 -- Transcript of a Press Conference by International Monetary Fund Managing Director Dominique Strauss-Kahn with John Lipsky, First Deputy Managing Director, and Caroline Atkinson, Director, External Relations
December 14, 2009 -- Russian Federation: Concluding Statement for the December 2009 Staff Visit
Describes the preliminary findings of IMF staff at the conclusion of certain missions (official staff visits, in most cases to member countries). Missions are undertaken as part of regular (usually annual) consultations under Article IV of the IMF's Articles of Agreement, in the context of a request to use IMF resources (borrow from the IMF), as part of discussions of staff monitored programs, and as part of other staff reviews of economic developments.
December 01, 2009 -- How Russia Affects the Neighborhood: Trade, Financial, and Remittance Channels
Author/Editor: Alturki, Fahad | Espinosa-Bowen, Jaime | Ilahi, Nadeem
Series: Working Paper No. 09/277
November 03, 2009 -- Unlocking Central Asia’s Huge Potential, A Commentary by Masood Ahmed, Director, Middle East and Central Asia Department, International Monetary Fund
October 06, 2009 -- Statement by the Hon. Aleksei L. Kudrin, Governor of the World Bank Group and the IMF for Russian Federation, at the Joint Annual Discussion
PDF File Size: 324Kb
October 03, 2009 -- Transcript of a Press Conference on the October 2009 Regional Economic Outlook for Europe
October 03, 2009 -- Transcript of a press briefing by Masood Ahmed, Director of the IMF Middle East and Central Asia Department
October 01, 2009 -- Transcript of Press Briefing on the International Monetary Fund's World Economic Outlook by Olivier Blanchard, IMF Economic Counsellor and Director of the Research Department
August 07, 2009 -- Public Information Notice: IMF Executive Board Concludes 2009 Article IV Consultation with the Russian Federation
Each Public Information Notice contains a background section, a table of selected economic indicators, and an Executive Board assessment.
August 07, 2009 -- Russian Federation: 2009 Article IV Consultation - Staff Report; Staff Statement; Public Information Notice on the Executive Board Discussion
Series: Country Report No. 09/246
Notes: Also available in Russian
August 07, 2009 -- IMF Survey: Russia Needs to Bolster Banks, Target Fiscal Stimulus
Russia has been hit by dual shocks—an oil price collapse and a reversal of capital flows. But prudent policies of taxing and saving oil wealth in good years have left it in a strong position, the IMF says in its regular review of Russia’s economy.
July 22, 2009 -- IMF Survey: BRICs Drive Global Economic Recovery
We may be witnessing the emergence of a new world order, with countries such as Brazil, Russia, India, and China supplanting the industrial countries as the lead economic powers, write Mario Lettieri and Paolo Raimondi.
July 21, 2009 -- Transcript of a Media Conference Call on Proposed SDR Allocation
July 08, 2009 -- Financial Market Update:
Financial conditions have improved, as unprecedented policy intervention has reduced the risk of systemic collapse and expectations of economic recovery have risen. Nonetheless, vulnerabilities remain and complacency must be avoided. The financial sector continues to be dependent on significant public support, resulting in an unparalleled transfer of risk from the private to the public sector. At the same time, however, work will need to begin on exit strategies from the various financial, monetary, and fiscal support policies in order to address market uncertainty. Medium-term policies need to ensure that steps taken to normalize policies and markets are consistent with establishing a lasting framework of sound financial regulation, sustainable fiscal balances, and the maintenance of price stability.
Text also available in: عربي; 中文; Español; Français; 日本語; русский.

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