Republic of Belarus : 2009 Article IV Consultation and Second Review Under the Stand-By Arrangement-Staff Report Informational Annex; Staff Statement; Public Information Notice on the Executive Board Discussion; and Press Release

Author/Editor:

International Monetary Fund

Publication Date:

December 30, 2009

Electronic Access:

Free Full Text (PDF file size is 1226 KB).Use the free Adobe Acrobat Reader to view this PDF file

Summary:

This 2009 Article IV Consultation highlights that Belarus has so far escaped a significant fall in output, despite a sharp fall in external demand. GDP declined 0.5 percent year over year in the first eight months of 2009, comparing favorably to Belarus’ main trading partners. Economic activity has been bolstered by strong domestic demand, especially for housing construction financed under government programs. Executive Directors have applauded the authorities’ commitment to a tight fiscal policy, with revenue shortfalls being offset by spending restraint while protecting priority social spending.

Series:

Country Report No. 09/333

Subject:

Notes:

Also available in Russian

English

Publication Date:

December 30, 2009

ISBN/ISSN:

9781451805321/1934-7685

Stock No:

1BLREA2009004

Price:

$18.00 (Academic Rate:$18.00)

Format:

Paper

Pages:

81

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