Russia is the EFSD founding state:
- Russia’s contribution to the EFSD is US$7,5 billion;
- Russia’s access limit in the EFSD is US$3149.81 million (37% of total assets of the Fund).
The authorized representative of Russia in the EFSD Council and its Chairman is the First Deputy Prime Minister of the Russian Federation – Minister of Finance of the Russian Federation — Anton G. Siluanov.
The Chairman of the Expert Council is Director of the Department for International Financial Relations, Ministry of Finance of Russia - Andrei A. Bokarev.
Russia is a member of the Eurasian Economic Union since 1 January 2015.
Russia plans to borrow from the EFSD resources only in case it participates in interstate investment projects together with the other EFSD Member States.
The EFSD Project Unit:
1-st Zachatievskiy pereulok,
house 3, block 1,
Moscow, 119034, Russian Federation,
Tel.: +7 (495) 645 04 45
Fax: +7 (495) 645 04 41
|Real GDP Growth (%)||4,3||3,7||1,8||0,7||-2,5||-0,2||1,5||Nat. Stat.|
|Nominal GDP (US$ million, in current prices)||2 051||2 192||2 296||2 063||1 363||1 280||1 576||Nat. Stat.|
|GDP per capita (US$, in current prices)||14 349||15 332||16 026||14 359||9 317||8 736||10 738||Nat. Stat.|
|Poverty rate (%, national estimate)||12,7||10,7||10,8||11,2||13,3||13,4||N/A||Nat. Stat.|
|Inflation (CPI, average)||8,5||5,1||6,8||7,8||15,7||7,2||3,6||Nat. Stat.|
|Nominal interest rate on 3-month credits to the economy (end of period %)||9,4||10,6||10,6||11,9||16,5||13,4||11,0||CB|
|Balance of consolidated state budget (% GDP)||1,4||0,4||-1,2||-1,1||-3,4||-3,7||-1,5||MF|
|Trade Balance (% GDP)||8,0||6,6||5,3||6,6||8,2||5,2||5,4||CB|
|Current Account Balance (% GDP)||4,7||3,3||1,5||2,8||5,1||2,0||2,5||CB|
|Gross International Reserves (months of imports, end of period)||14,0||15,0||13,0||11,0||16,0||17,0||21,5||CB|
|External Public Debt/GDP (%)||1,7||2,5||2,7||2,0||2,2||3,1||3,5||CB|
|Gross External Debt/GDP (%)||26,3||29,0||31,8||28,8||37,8||39,7||35,5||CB|
|Human Development Index (rank out of 187 countries)||66||55||57||50||49||N/A||N/A||UNDP|
|Global Competitveness Index (rank out of the amount of observed countries)||67||67||64||53||45||43||38||WEF|
|Exchange rate of the National Currency against U.S. dollar (period average, rouble/dollar)||29,4||31,1||31,8||39||61,3||67,2||58,3||CB|
|Exchange rate of the National Currency against Euro (period average, rouble/euro)||40,9||40,0||42,2||51,8||68,0||74,4||65,7||CB|
26 November 2018The Fund’s Council approves a new EFSD procurement system
19 October 2018EFSD participates in third RFA High-Level Dialogue
16 October 2018The EFSD financial credit to Belarus is monitored
24 September 2018Armenia starts to implement the EFSD’s first grant project