Republic of Belarus : Ex Post Evaluation of Exceptional Access Under the 2009 Stand-By Arrangement

 
 
Publication Date: May 06, 2011
 
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Summary: Belarus was hard hit by the global economic crisis. An exceptional access Stand-By Arrangement (SBA) was, therefore, agreed in early 2009. The program was generally successful and most program conditions were met. The program was overall well designed, but with some shortcomings. While in part owing to external shocks, those problems experienced under the program also reflected rapid directed lending. Lessons from the review are many, the main one is the criticality of incorporating fully ownership, including at the highest levels, in program design and conditionality.
 
Series: Country Report No. 11/99
Subject(s): Economic indicators | Ex post assessments | Exceptional use of Fund resources | Fiscal reforms

 
English
Publication Date: May 06, 2011
ISBN/ISSN: 9781455279586/1934-7685 Format: Paper
Stock No: 1BLREA2011003 Pages: 37
Price:
US$18.00 (Academic Rate:
US$18.00 )
 
 
Russian
Publication Date: May 10, 2011
Format: A web quality merged PDF
Stock No: 1BLRRT2011003
Price:
US$18.00 (Academic Rate:
US$18.00 )
 
 
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