This web page presents information about the work of the IMF in Russia, including the activities of the IMF Resident Representative Office. Additional information can be found on the Russia country page, including IMF reports and Executive Board documents that deal with Russia.

Back to Top

At a Glance

  • Current IMF membership: 191 countries
  • Russia joined the Fund on June 1, 1992
  • Quota: SDR 12903.7 million
  • The latest Article IV Consultation was discussed by the Executive Board on February 3, 2021

Back to Top

IMF’s Work on Russia

  • Transcript of European Economic Outlook October 2024 Press Briefing

    October 24, 2024

    Access the transcript of the IMF’s Regional Economic Outlook on Europe press briefing, led by Alfred Kammer, Director of the European Department. The briefing addresses Europe’s inflation trends, growth outlook, and policy recommendations, highlighting the impacts of Russia’s war in Ukraine, the EU’s fiscal framework, and reforms to enhance productivity and integration in the Single Market.

  • Geopolitics and its Impact on Global Trade and the Dollar

    May 7, 2024

    After years of shocks—including the COVID-19 pandemic and Russia’s invasion of Ukraine—countries are reevaluating their trading partners based on economic and national security concerns. Foreign direct investment flows are also being re-directed along geopolitical lines. Some countries are reevaluating their heavy reliance on the dollar in their international transactions and reserve holdings.

  • Transcript of European Department April 2024 Press Briefing

    April 19, 2024

    Hello everyone. Thank you for joining today's press conference on the release of the European Economic Outlook. My name is Camila Pérez. I am a Communications Officer with the IMF. Here we are with Alfred Kammer.

  • Georgia: Staff Concluding Statement of the 2024 Article IV Mission

    March 18, 2024

    An International Monetary Fund (IMF) mission led by Mr. Matthew Gaertner conducted discussions for the 2024 Article IV consultation with Georgia during March 6-18 in Tbilisi.

  • Transcript of IMF Press Briefing

    February 22, 2024

    Welcome to the IMF press briefing, both to those here in the room and those of you joining us online. My name is Julie Kozak. I am the director of the IMF's Communications Department.

More

Back to Top

Regional Economic Outlook

October 24, 2024

Regional Economic Outlook for Europe, October 2024

A Recovery Short of Europe’s Full Potential

Europe’s economy is recovering, benefiting from a strong crises’ response. Yet, the recovery is falling short of its full potential. Uncertainty about persistent core inflation, policy directions, and geopolitical conflicts, is dampening the near-term outlook. In the longer term, perennially weak productivity growth—a result of limited scale and business dynamism–-amid new headwinds from fragmentation and climate change are holding back growth potential.
Read the Report