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Russian Federation: 2020 Article IV Consultation-Press Release; Staff Report

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  • International Monetary Fund

Abstract

Russia entered the crisis with low potential growth but strong macroeconomic policy frameworks and significant buffers. Policy space allowed the authorities to mount a sizeable public health and countercyclical response to the crisis, which has helped limit the economic downturn. Nevertheless, the crisis is likely to leave some long-term scars.

Suggested Citation

  • International Monetary Fund, 2021. "Russian Federation: 2020 Article IV Consultation-Press Release; Staff Report," IMF Staff Country Reports 2021/036, International Monetary Fund.
    • Handle: RePEc:imf:imfscr:2021/036
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    File URL: http://www.imf.org/external/pubs/cat/longres.aspx?sk=50068
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    Cited by:

    1. Costola, Michele & Lorusso, Marco, 2022. "Spillovers among energy commodities and the Russian stock market," Journal of Commodity Markets, Elsevier, vol. 28(C).

    More about this item

    Keywords

    January data; upside risk; staff appraisal; preliminary data; IMF staff estimate; Oil prices; Fiscal stance; Inflation; Loans; Global; CONSULTATION-SUPPLEMENTARY information; Policy discussion;
    All these keywords.

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