Republic of Belarus : 2007 Article IV Consultation-Staff Report; Staff Supplement; Public Information Notice on the Executive Board Discussion; and Statement by the Executive Director for the Republic of Belarus

Author/Editor:

International Monetary Fund

Publication Date:

September 10, 2007

Electronic Access:

Free Full text (PDF file size is 947 KB).Use the free Adobe Acrobat Reader to view this PDF file

Summary:

This 2007 Article IV Consultation highlights that Belarus’s centralized economy grew rapidly over the past few years, enhancing social development. The state redistributed large and growing terms-of-trade gains stemming from favorable Russian energy pricing across the economy, boosting domestic demand. A new energy agreement, however, has abruptly reversed terms-of-trade gains. Belarus now pays Russia twice as much for gas supplies as in 2006 and a fifth more as a share of world market prices for crude oil. This resulted in an estimated loss of 5½ percent of GDP in 2007.

Series:

Country Report No. 07/310

Subject:

Notes:

Also available in Russian

Frequency:

Monthly

English

Publication Date:

September 10, 2007

ISBN/ISSN:

9781451805277/1934-7685

Stock No:

1BLREA2007002

Price:

$18.00 (Academic Rate:$18.00)

Format:

Paper

Pages:

63

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