Comments
The Bank of Russia Expands Opportunities for Refinancing of Banks
29 march 2012
On 29 March, the RF Central Bank announced that, in accordance with the decision of the Monetary Policy Committee, it would resume auction-based allocation of Lombard credits and direct repo auctions for 12 months.
Privatization Process and the State of Property Relations in 2011
22 march 2012
Last year, privatization processes in the Russian economy highly intensified which situation resulted both in the number of the sold assets and the financial results of the privatization. In the past two years, the post-crisis growth was accompanied by a considerable increase in the budget revenues related one way or another to state property which situation is particularly explicit in comparison with the low starting base of the 2008–2009 crisis.
Direct and Venture Investment in Russia
16 march 2012
In February 2012, yet another issue of The Russian Statistical Annual was published. It contains a collection of articles in the field of venture and direct investment in Russia, compiled by the Russian Association of Venture Investors (RAVI). Statistical data of this type have been collected since the early 2000s. The latest publication was based on a survey of more than 80 representatives of the leading asset managers operating in the Russian market of direct and/or venture investments.
Federal Budget Deficit: Are There Any Reasons for Anxiety?
15 march 2012
According to the preliminary estimates published by the RF Ministry of Finance, the federal budget for January - February 2012 was executed with a deficit of $ 245.3bn, or 3.0% of GDP.
Foreign Investments in Russia
14 march 2012
In 2011, the inflow of foreign investment into the Russian Federation rose on 2010 by 66.1% – to $ 190.6bn
On the Execution of the Federal Budget in January 2012
28 february 2012
On 10 February, the RF Ministry of Finance (Minfin) released its preliminary estimates of the execution of the federal budget in January 2012.
On the Release, by Rosstat, of Preliminary Estimates of RF GDP Growth in 2011
22 february 2012
According to the preliminary estimates published by Rosstat on 21 February 2012, Russia's current-price GDP in 2011 amounted to Rb 54,369.1bn. GDP physical volume rose by 4.3% on 2010 . The GDP deflator for 2011 rose by 15.4% on 2010.
Innovation Activity in Russia
20 february 2012
In late 2011, Rosstat issued its Russian statistical annual, a collection of articles entitled Regions of Russia. Socio-economic Indices, which presents the basic indicators of the innovation activity in Russia.
About the Situation on the Russian Labor Market in 2011
25 january 2012
In 2011, the number of the economically active population in Russia amounted to 75.7m people of which 70.7m were gainfully employed, while 5.0, unemployed (according to the ILO's methods).
The Results of the Industry in 2011
24 january 2012
In 2011, growth in industrial production was of a recovery nature with a return to the pre-crisis development curve and the effect of the base determined to a great extent the specifics of the dynamics throughout the year.
Inflation in Russia in 2011
12 january 2012
According to Rosstat, in 2011 the consumer price growth rate in Russia amounted to 6.1%, thus demonstrating this country's historic low for the entire period of its latest history since 1991.
The RF Ministry of Defense Releases Its Statistics
30 december 2011
Shortly before New Year's Eve, Russia's Ministry of Defense published its official statistics envisaged in the Federal Statistics Plan .
Exchange Rate Policy
28 december 2011
On 27 December, the Bank of Russia widened the ruble's trading band against its target dollar-euro basket from 5 to 6 rubles. At the same time, the regulator will now shift the borders of the basket's corridor by 5 kopecks after buying or selling $ 500m worth of foreign currency. The previous amount for a trading band shift was $ 600m.
The Bank of Russia Announces Changes in Rates
23 december 2011
On 23 December, the Bank of Russia announced that, from 26 December 2011, the refinancing rate would be reduced by 0.25 p.p. - from 8.25% per annum to 8% per annum; interest rates on some lending standing facilities would also be cut by 0.25 p.p.; and interest rates on the Bank of Russia deposit standing facilities would be raised by 0.25 p.p.
The Results of the Execution of Russia’s Federal Budget for January-November 2011
16 december 2011
According to preliminary estimates released by the RF Ministry of Finance, in January-November 2011 Russia's federal budget was executed with a surplus of Rb 1.3 trillion.
To Publication of the Law on the Federal Budget in 2012
08 december 2011
On December 6, Federal Law No.371-FZ of November 30, 2011 on the Federal Budget in 2012 and the Planning periods of 2013 and 2014 was published in the PDF file format (179 Mbyte) on the Web-site of the Ministry of Finance.