Russian Federation: Staff Report for the 2003 Article IV Consultation
Electronic Access:
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Summary:
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.
Series:
Country Report No. 2003/144
Subject:
Fiscal policy Fiscal stance Inflation Oil prices Prices Public debt
English
Publication Date:
May 30, 2003
ISBN/ISSN:
9781451833010/1934-7685
Stock No:
1RUSEA0012003
Pages:
59
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