IMF -- Resident Representative Office in Russian Federation

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Moscow, the Kremlin

The Kremlin, Moscow. (iStockPhoto)

Russian Federation Resident Representative Site

Resident Representative Office in Russian Federation

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

At a Glance : Russian Federation's Relations with the IMF

Current IMF membership: 186 countries
Russian Federation joined the Fund on June 1, 1992; Article VIII
Quota: SDR 5,945.40 million
Outstanding loans: None
The latest Article IV consultation was discussed by the Executive Board on July 27, 2009, (Country Report No. 09/246)

News — Highlights

"Russia Should Keep "Open Mind" On Capital Controls "

IMF MO Senior Resident Representative Mr. Odd Per Brekk told Dow Jones: MOSCOW (Dow Jones)--Russia should keep an "open mind" on capital controls, Odd Per Brekk, the senior representative of the International Monetary Fund in Russia, told Dow Jones on Wednesday.

Russia Should Be More Rigorous in Monitoring Banks, IMF Says

“What we have recommended is for the central bank to make a comprehensive assessment of the status of the banking system,” Odd Per Brekk, the IMF’s Russia representative, said in an interview yesterday.

World Economic Outlook Update

A Policy-Driven, Multispeed Recovery

Русский (in Russian)

Russian Federation and the IMF

Optimal Monetary Policy with Overlapping Generations of Policymakers

February 18,2010
Author/Editor: Shamloo, Maral
Series: Working Paper No. 10/32

Evaluation of the Oil Fiscal Regime in Russia and Proposals for Reform

February 16,2010
Author/Editor: Goldsworthy, Brenton ; Zakharova, Daria
Series: Working Paper No. 10/33

Financial Market Update:

January 26,2010
Systemic risks have continued to subside as economic fundamentals have improved and substantial public support remains in place. Despite improvements, financial stability remains fragile in many advanced countries and some hard-hit emerging market countries. A top priority is to improve the health of these banking systems so as to ensure the credit channel is normalized. The transfer of financial risks to sovereign balance sheets and the higher public debt levels also add to financial stability risks and complicate the exit process. Capital inflows into some emerging market countries are beginning to raise concerns about asset price and exchange rate pressures. Policymakers in these countries may need to exit earlier from their supportive policies to contain financial stability risks. For all countries, the goal is to exit from the extraordinary public interventions to a global financial system that is safer, but retains the dynamism needed to support sustainable growth..
Text also available in: عربي; 中文; Español; Français; 日本語; Русский; and Tiếng Việt.

Transcript of a Press Conference by International Monetary Fund Managing Director Dominique Strauss-Kahn with John Lipsky, First Deputy Managing Director, and Caroline Atkinson, Director, External Relations

January 14,2010

How Russia Affects the Neighborhood: Trade, Financial, and Remittance Channels

December 18,2009
Author/Editor: Alturki, Fahad ; Espinosa-Bowen, Jaime ; Ilahi, Nadeem
Series: Working Paper No. 09/277

Regional Economic Outlook: Europe

image from the publication cover

Europe's contraction is ending, but the recovery is fragile. Policymakers should look beyond the crisis to secure a durable upswing and address the threats to potential growth from the crisis and the continent's well-known structural rigidities. The report's analytical work stresses the uncertainty surrounding potential growth estimates, and the more volatile environment faced by emerging economies in a tightly integrated region. In the near term, this calls for measures to restore the financial sector to health and for continued macroeconomic support, while preparing for the exit from extraordinary interventions in a coordinated and transparent fashion. Higher longer-term growth through structural change will support the recovery, smooth the exit, and help emerging markets to adjust to lower capital inflows in the crisis' aftermath.

Resident Representative Office in Russian Federation

Odd Per Brekk
См. биографию Senior Resident Representative
in Moscow
E-mail: Obrekk@imf.org
Tel: +7 (095) 705 9200
Fax: +7 (095) 705 9136