Russia

EDB investment portfolio

01/04/2021

77 projects

$3 773,8 million

38,2% of the total


Russia is a founder and the largest member of Eurasian Development Bank, holding two thirds of its charter capital (US $1 billion).

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Publications

Eurasian Economic Integration – 2019
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Macroeconomic Forecasts for 2021
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13 April 2021
Nikolai Podguzov, Chairman of the Management Board of the Eurasian Development Bank (EDB), chaired a meeting of the Russian Union of Industrialists and Entrepreneurs’ (RSPP) Sub-Commission on Payment and Settlement Systems and Technologies
31 March 2021
The Eurasian Development Bank projects the aggregated GDP growth rate of its member countries at 3.3% in 2021, after a 3% decline in 2020. With progress in countering the pandemic, the easing of social distancing measures and favourable external economic conditions will be the key drivers of stronger consumer and investment demand. Most of the region’s economies will recover to pre-crisis levels by the end of 2021 and 2022. The EDB projects that the significant acceleration of inflation in the member states will be temporary, with inflation slowing down to an average of 4.5% year-on-year in the region by the end of 2021, from 6.3% year-on-year in February 2021. The risks according to the EDB’s projections remain high. Nevertheless, even with an unfavourable, prolonged pandemic, the Bank's member economies will be recovering in 2021.
26 March 2021
Unemployment rates in most of the Bank’s member countries remained moderate in 2020 and showed signs of decline in late 2020 – early 2021. Government anti-crisis measures have helped a lot in stabilising the labour market
29 December 2020
The Russian Federation has donated to the Eurasian Fund for Stabilization and Development (EFSD) managed by the Eurasian Development Bank (EDB). The funds will be used to construct and equip secondary schools in five cities of Tajikistan – Dushanbe, Kulyab, Khujand, Bokhtar, and Tursunzade
08 December 2020
Nikolai Podguzov, Chairman of the Management Board of the Eurasian Development Bank (EDB), took part in a meeting of the Council for the Financial Market Development of the Federation Council of the Russian Federation, chaired by Valentina Matvienko, Speaker of the Upper House of the Russian Parliament
04 December 2020
The Eurasian Development Bank (EDB), VEB.RF, the Development Bank of Kazakhstan (DBK), and the Development Bank of the Republic of Belarus (DBRB) signed a memorandum of cooperation to promote integration between the countries of the Eurasian Economic Union (EAEU). The signing ceremony took place in the sidelines of the First Eurasian Congress hosted by the EDB. The document was signed by Nikolai Podguzov, Chairman of the EDB’s Management Board, Igor Shuvalov, Chairman of the Management Board of VEB.RF, Abay Sarkulov, Chairman of the Management Board of the DBK, and Andrey Zhishkevich, Chairman of the Management Board of the DBRB
04 December 2020
The Eurasian Development Bank (EDB) and Rosseti made a strategic cooperation agreement at the First Eurasian Congress. The document was signed by Amangeldy Issenov, Deputy Chairman of the EDB Management Board, and Alexander Zaragatsky, Deputy Director General of Rosseti
04 December 2020
Nikolai Podguzov, Chairman of the Management Board of the Eurasian Development Bank (EDB), Hayk Karapetyan, Chief Executive Officer of HayPost (Armenia’s postal operator), Svetlana Yurkevich, General Director of Belpochta (Belarus’s postal operator), Damir Monoldorov, General Director of Kyrgyz Post (Kyrgyz Republic’s postal operator), and Maxim Akimov, General Director of Russian Post (Russia’s postal operator) signed a cooperation agreement at the First Eurasian Congress
04 December 2020
The Travelling without COVID app developed by the Digital Initiative Fund of the Eurasian Development Bank (EDB DIF) was successfully tested today. Participants in the First Eurasian Congress from Yerevan and Minsk crossed the Russian Federation border at Moscow’s Sheremetyevo International Airport with the help of the app
30 November 2020
What is a “safe” and optimal debt level? How does rising debt affect economic growth? The COVID-19 pandemic has forced countries around the world to reconsider these issues facing the reality wherein the budgetary stimulus accompanied by government debt accumulation became principal instruments used to curtail shocks. The current EFSD Working Paper “Optimal Debt and the Quality of Institutions” indicates that, in countries with strong institutions, the debt threshold is above 55% of GDP, while economies with weaker political institutions feature a 37-38% debt-to-GDP threshold. Hence, the quality of institutions is one of the key factors for economic and debt sustainability and an efficient debt policy

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Moscow Representative Office

Address:
1-st Zachatievskiy pereulok, house 3, block 1, Moscow, 119034, Russian Federation

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