01758cas a2200241 a 4500 AALejournalIMF012065 230101c9999 xx r poo 0 0eng d 5.00 USD 9781475505030 1934-7685 BD-DhAAL BD-DhAAL International Monetary Fund. Russian Federation : Staff Report for the 2012 Article IV Consultation. Washington, D.C. : International Monetary Fund, 2012. 1 online resource (60 pages) IMF Staff Country Reports <strong>Off-Campus Access:</strong> No User ID or Password Required <strong>On-Campus Access:</strong> No User ID or Password Required Electronic access restricted to authorized BRAC University faculty, staff and students The Russian Federation economy saw growth of about 4 percent and a current account surplus-the result of favorable harvest, high oil prices, and reduced unemployment and inflation. Implementation of structural reforms initiated by the Central Bank of Russia (CBR), managing domestic demands, and non-vulnerability to oil price variation were suggested by the Executive Board as short and mid-term challenges. Strengthening monetary policy framework, allowing greater exchange rate flexibility, implementing Financial Sector Assessment Program (FSAP) recommendations, expansion of CBR powers, reduced state involvement in the economy, and enhancement of communication policies were also recommended. Mode of access: Internet IMF Staff Country Reports; Country Report ; No. 2012/217 Full text available on IMF http://elibrary.imf.org/view/journals/002/2012/217/002.2012.issue-217-en.xml IMF e-Library