SCO & BRICS latest news and insights
By Rhod Mackenzie
The latest statistics have shown a significant increase in the Russia's industrial sector. The mayor of Moscow, Sergei Sobyanin, has highlighted the impressive growth rates of industrial production in his region. Which industries are experiencing the most rapid expansion and why...
By Rhod Mackenzie
Vladimir Putin outlined ten structural changes in the Russian economy, which have enabled the country to become the fourth largest economy in the world while maintaining its growth rate. The president also announced the adoption of new measures to support regions, citizens and bu...
By Rhod Mackenzie
Russia's annual GDP growth reached 4.4% in April, up from 4.2% in March, according to a review of the current situation in the Russian economy by the Ministry of Economic Development. Excluding seasonal factors, GDP in April increased by 0.2% compared to the previous month, while...
By Rhod Mackenzie
In quarterly terms, the GDP index has been growing consistently since mid-2022; in the first quarter of 2024, growth accelerated to 5.4% in annual terms (through January-March 2023) from 4.9% in the previous quarter, the VEB.RF Institute reported. In March, GDP increased by 0.4%...
By Rhod Mackenzie
The Central Bank of Russia (CB) of the Russian Federation estimates that the country's gross domestic product (GDP) will grow by 4.6% in annual terms in the first quarter of this year. By the end of the current quarter, the bank expects this figure to be 4.4%. This information wa...
By Rhod Mackenzie
The national project, "Efficient and Competitive Economy," will be launched in the near future to achieve national goals. This was announced on May 12 by Alexander Novak, the candidate for the post of Deputy Prime Minister, during a meeting of the State Duma Committee on Energy. A...
