Russian Federation : 2018 Article IV Consultation-Press Release; Staff Report.

This 2018 Article IV Consultation highlights that Russia's economy is recovering from the 2015-2016 recession, thanks to the authorities' effective policy response and higher oil prices. Output increased by 1.5 percent in 2017 on the back of robust domestic demand, but short of expectation...

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التفاصيل البيبلوغرافية
مؤلف مشترك: International Monetary Fund. European Dept
التنسيق: دورية
اللغة:English
منشور في: Washington, D.C. : International Monetary Fund, 2018.
سلاسل:IMF Staff Country Reports; Country Report ; No. 2018/275
الوصول للمادة أونلاين:Full text available on IMF
الوصف
الملخص:This 2018 Article IV Consultation highlights that Russia's economy is recovering from the 2015-2016 recession, thanks to the authorities' effective policy response and higher oil prices. Output increased by 1.5 percent in 2017 on the back of robust domestic demand, but short of expectations. Growth is projected at 1.7 percent in 2018, supported by rising credit and disposable incomes. Headline inflation is projected to bounce back during the second half of 2018 to 3.5 percent at year end, supported by the ongoing domestic demand recovery, pass-through from the recent ruble depreciation, and the fading of temporary factors. The medium-term outlook remains muted, owing to structural bottlenecks and the lingering impact of sanctions.
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وصف مادي:1 online resource (61 pages)
التنسيق:Mode of access: Internet
تدمد:1934-7685
وصول:Electronic access restricted to authorized BRAC University faculty, staff and students