Russian Federation: Staff Report for the 2003 Article IV Consultation

International Monetary Fund

No 2003/144, IMF Staff Country Reports from International Monetary Fund

Abstract: This 2003 Article IV Consultation highlights that the macroeconomic developments in the Russian Federation remained generally strong, with a third consecutive year of considerable GDP growth, fiscal surplus, and large current account surplus. The economy continues to benefit from the earlier reforms and the post-crisis real depreciation of the ruble, as well as strong world energy prices. For a second consecutive year, Russian financial markets were among the best performing in the world, and rating agencies provided a series of upgrades in 2002.

Keywords: ISCR; CR; price; oil price; surplus; revenue; bond market; CPI inflation; fiscal policy; oil price benchmark; real interest rate; U.S. dollar; macroeconomic objective; Oil prices; Inflation; Fiscal stance; Global (search for similar items in EconPapers)
Pages: 59
Date: 2003-05-30
References: Add references at CitEc
Citations:

Downloads: (external link)
http://www.imf.org/external/pubs/cat/longres.aspx?sk=16577 (application/pdf)

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:imf:imfscr:2003/144

Ordering information: This working paper can be ordered from
http://www.imf.org/external/pubs/pubs/ord_info.htm

Access Statistics for this paper

More papers in IMF Staff Country Reports from International Monetary Fund International Monetary Fund, Washington, DC USA. Contact information at EDIRC.
Bibliographic data for series maintained by Akshay Modi ().