Russian Federation: 2020 Article IV Consultation-Press Release; Staff Report

February 8, 2021

Preview Citation

Format: Chicago

Russian Federation: 2020 Article IV Consultation-Press Release; Staff Report, (USA: International Monetary Fund, 2021) accessed November 21, 2024

Also available in: русский

Summary

Russia entered the crisis with low potential growth but strong macroeconomic policy frameworks and significant buffers. Policy space allowed the authorities to mount a sizeable public health and countercyclical response to the crisis, which has helped limit the economic downturn. Nevertheless, the crisis is likely to leave some long-term scars.

Subject: Financial crises, Financial institutions, Fiscal policy, Fiscal stance, Inflation, International organization, Loans, Monetary policy, Oil prices, Prices

Keywords: CONSULTATION-SUPPLEMENTARY information, Fiscal stance, Global, IMF staff estimate, Inflation, January data, Loans, Oil prices, Policy discussion, Preliminary data, Staff appraisal, Upside risk

Publication Details

Pages:

74
Volume:

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DOI:

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Issue:

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Series:

Country Report No. 2021/036
Stock No:

1RUSEA2021001
ISBN:

9781513568751
ISSN:

1934-7685

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