Russian Federation: Staff Report for the 2011 Article IV Consultation—Informational Annex
Author: International Monetary Fund
Publication Date:
27 Sep 2011
eISBN:
9781463904852
Language:
English
Keywords:
ISCR; CR; nonoil deficit; price; deficit; food price deflation; outturn
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The reports highlights that, even though the Russian economy has started reviving from the crisis, growth has been moderate and inflation high. Executive Directors have advised that the focus should be on reducing fiscal vulnerabilities, lowering inflation, promoting a stronger and more competitive banking system, and creating a favorable environment for investment and economic diversification. Directors encouraged the authorities to undertake growth-friendly, credible, and ambitious fiscal consolidation. They have supported the Financial Sector Assessment Program (FSAP) recommendations to strengthen financial sector policies.

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Cover IMF Staff Country Reports
Russian Federation: Staff Report for the 2011 Article IV Consultation
Author: International Monetary Fund
Volume/Issue:
Volume 2011: Issue 294
Publisher:
International Monetary Fund
ISBN:
9781463904852
ISSN:
1934-7685
Pages:
69
DOI:
https://doi.org/10.5089/9781463904852.002