Real GDP growth in Russia surpassed expectations in 2018, reaching 2.3 percent, mostly due to one off effects of energy construction. Forecasted growth of 1.2 percent in 2019 and 1.8 percent in 2020 and 2021 reflects a more modest outlook. Russia’s macro-fiscal buffers remain strong, with fiscal surpluses across all tiers of government and low public-debt levels. When compared to advanced economies, Russia spends less on health and education. Rebalancing...
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DETAILS
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2019/06/01
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Working Paper (Numbered Series)
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137997
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1
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1
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2019/06/18
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Disclosed
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Russia Economic Report : Modest Growth - Focus on Informality
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information and communication technology
Citation
Russia Economic Report : Modest Growth - Focus on Informality (Russian). Russia economic report|no. 41 Washington, D.C. : World Bank Group. http://documents.worldbank.org/curated/en/628951561127248518