Published by Global Banking & Finance Review®
Posted on February 12, 2026
1 min readLast updated: February 12, 2026
Add as preferred source on GoogleRussia's economy recovery is delayed to 2027 due to slowed GDP growth and tight monetary policy. The IMF forecasts a 0.8% GDP growth for Russia this year.
(Corrects minister's first name to Maxim in first paragraph)
MOSCOW, Feb 12 (Reuters) - Russia's economy will continue to slow down in the first half of 2026, Economy Minister Maxim Reshetnikov was quoted as saying on Thursday.
There is still room for monetary policy easing, Interfax cited him as saying.
Of 24 analysts polled by Reuters, 16 expect that the central bank will keep the key rate at 16% when it meets on Friday, while eight predict a 50-basis-point cut to 15.5%.
(Reporting by Reuters; Writing by Anastasia Teterevleva; editing by Mark Trevelyan)
Monetary policy refers to the actions taken by a country's central bank to control the money supply and interest rates to achieve macroeconomic goals such as controlling inflation and stabilizing currency.
Economic growth is the increase in the production of goods and services in an economy over a period of time, typically measured as the percentage increase in real GDP.
Investment activities involve allocating resources, usually money, into assets or projects with the expectation of generating profit or income over time.
The International Monetary Fund (IMF) is an international organization that provides financial support and advice to member countries to promote global economic stability and growth.
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