Republic Of Belarus : Staff Report for the 2005 Article IV Consultation

Author/Editor:

International Monetary Fund

Publication Date:

June 28, 2005

Electronic Access:

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Summary:

This 2005 Article IV Consultation reports that Belarus experienced strong economic growth in 2004, supported by policies aimed at raising incomes and credit, and a favorable external environment. Inflation was halved during 2004, and slowed down further to 11 percent in April 2005, aided by a balanced budget, exchange rate stability, and continued remonetization. Although the economy’s current momentum is likely to result in significant growth in 2005, its long-term prospects are uncertain in the absence of wide-ranging structural reforms and a phasing out of massive quasi-fiscal activities.

Series:

Country Report No. 05/214

Subject:

Notes:

Also available online in Russian

English

Publication Date:

June 28, 2005

ISBN/ISSN:

9781451805161/1934-7685

Stock No:

1BLREA2005002

Price:

$15.00 (Academic Rate:$15.00)

Format:

Paper

Pages:

57

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