Russian Federation: Staff Report for the 2000 Article IV Consultation

International Monetary Fund

No 2000/150, IMF Staff Country Reports from International Monetary Fund

Abstract: Output has rebounded strongly and is now above the pre-crisis level in Russia. Inflation pressure stemming from the ruble depreciation has been reigned in and inflation has been brought down. The paper contains a detailed description of developments in the enlarged government budget, including the main determinants of revenue performance. It also describes the main elements of the recent tax reform and provides an overview of outstanding structural issues in the fiscal sector. The new government has proposed a set of far-reaching tax policy reforms.

Keywords: ISCR; CR; unemployment rate; consumer price; labor market; first quarter; ruble depreciation; oil price increase; substitution effect; financial condition; dollar terms; last quarter; volume terms; utility price; administered price; Energy prices; Oil prices; Inflation; Real wages; Fuel prices; Baltics (search for similar items in EconPapers)
Pages: 121
Date: 2000-11-17
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Citations: View citations in EconPapers (3)

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