Russian Federation: Staff Report for the 2011 Article IV Consultation : Russian Federation: Staff Report for the 2011 Article IV Consultation

1RUSEA2011003 Image
Price:  $18.00

Release Date: © September, 2011
ISBN : 978-1-46390-485-2
Stock #: 1RUSEA2011003
English
Stock Status: On back-order

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Description

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.

Taxonomy

Economic policy , Fiscal policy , Monetary policy




More publications in this series: IMF Staff Country Reports