Republic of Belarus : Fifth Post-Program Monitoring Discussions

Author/Editor:

International Monetary Fund. European Dept.

Publication Date:

January 24, 2014

Electronic Access:

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Summary:

This paper focuses on Fifth Post-Program Monitoring Discussions with Republic of Belarus. Growth in Belarus has remained slow despite high increases in wages and directed lending. To promote growth, the authorities loosened macroeconomic policies in the first half of the year but then held—and partially reversed—these efforts to contain exchange rate pressures that resurfaced in the summer. Decisive structural reform remains essential to raise potential growth and promote stability beyond the short term. In this context, the authorities’ ongoing engagement with the World Trade Organization, with a view to future accession, is welcome.

Series:

Country Report No. 14/18

Subject:

Notes:

Also Available in Russian

English

Publication Date:

January 24, 2014

ISBN/ISSN:

9781484382592/1934-7685

Stock No:

1BLREA2014001

Price:

$18.00 (Academic Rate:$18.00)

Format:

Paper

Pages:

63

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