According to the Central Bank of Russia (CBR), “there is the potential to reduce the key rate in the first half of the year”. Due to the fact that the economic situation has improved, while
According to the Ministry of economic development of Russia, in January of 2017 Russian industrial production rose by +2.3% compared to January 2016. This rise is referred to the extractive industry (+3.
The Russian investment forum opened in Sochi. Senior officials of Russia and big business representatives joined on 27 Feb – 28 Feb 2017 to discuss the main directions of Russia’
On 16 February 2017 at the Association of European businesses (AEB) was held a discussion “Talks on Russian economy”. It was attended by Ruslan Grinberg, head of the research Institute of Economy
In Russia there are good preconditions for economic growth, it is noted by leading experts gathered on 31 January 2017 in the Association of European Businesses (AEB) at the meeting entitled “
Russia’s economy showed signs of stabilization in 2016, but there is no preconditions for significant growth yet
According to Rosstat, in the third quarter of 2016 Russia’s GDP fell by 0.4% compared to the third quarter of 2015 and increased by 8.5% compared to the second quarter of 2016.
State Duma deputy from the Fair Russia A.A. Remezkov told how to save the National Welfare Fund and to increase budget spending on pensions, public sector, healthcare
On December 14, 2016 Federation Council of Russian Federation approved the federal law “About Federal Budget for 2017 and the planning period of 2018 and 2019 years”. For its adoption voted
The State Duma adopted the draft budget on 2017: social spending are increasing, on defense – reducing
On December 9, 2016 State Duma adopted Russian draft state budget in the final reading for the next period. Unlike 2015, when the state budget was approved for one year only, this time the Ministry of
In late November 2016, the Russian government began to talk about the fact that decline in incomes of Russians ended, finally. In particular, it was stated by First Deputy Prime Minister Igor Shuvalov
The Russian government approved the draft of the federal budget for the 2017-2019. With that, the Ministry of Finance and the Ministry of economic development were tasked to clarify some provisions of
According to Rosstat, Russia’s GDP fell by 0.6% in the second quarter of 2016 compared to the second quarter of 2015 and increased by 7% compared to the first quarter of 2016.
The international monetary Fund (IMF) downgraded its forecast for the world economy, as it believes that the result of the referendum in the UK and the country’s withdrawal from the European Union
GDP of Russia fell by -1.4% in Q1 2016. According to forecast of the Russian Ministry of Economy, in 2016 country’s economy may drop by -2% to 2015, in 2017 it will decrease by -0.4%.
The Gross domestic product of the Russian Federation, according to optimistic forecasts, could grow by 0.3 percent in 2016. By pessimistic forecasts, the economy may fall by -2.3%.
Rosstat has published data on industrial development of Russia in January-October 2015. The index of industrial production for the period amounted to 96.5% of the previous year.