Republic of Belarus : 2011 Article IV Consultation-Staff Report; Staff Supplement; and Public Information Notice on the Executive Board Discussion

Author/Editor:

International Monetary Fund

Publication Date:

March 9, 2011

Electronic Access:

Free Full Text (PDF file size is 1385 KB).Use the free Adobe Acrobat Reader to view this PDF file

Summary:

Belarus’s economy grew rapidly but remained vulnerable to external shocks. Under the IMF-supported program, Belarus avoided loss of output during the global recession, contained inflation, and increased gross reserves. The structural reform agenda focused on economic liberalization, a shift in investment from the housing sector to the tradable sector, a smaller role of the state, and the development of the financial sector. Post-program monitoring was proposed. Establishing a development bank to administer lending under government programs would free the central bank and commercial banks from quasi-fiscal activity.

Series:

Country Report No. 11/66

Subject:

Notes:

Also available in Russian

English

Publication Date:

March 9, 2011

ISBN/ISSN:

9781455220007/1934-7685

Stock No:

1BLREA2011001

Price:

$18.00 (Academic Rate:$18.00)

Format:

Paper

Pages:

58

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