IMF Staff Country Reports

Republic of Belarus: Selected Issues Paper

April 29, 2011

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Republic of Belarus: Selected Issues Paper, (USA: International Monetary Fund, 2011) accessed September 18, 2024

Also available in: русский

Summary

The Belarus authorities are moving in the direction of a flexible exchange rate system supported by an inflation-targeting (IT) regime, which would have significant benefits for the economy. A full-fledged IT framework (FFIT) requires a number of essential building blocks, which could be viewed as components of sound macroeconomic management. There are three additional features that could interfere with the IT regime. Some of the building blocks are essentially prerequisites for a successful launch of the IT regime; others could be developed (or fine-tuned) during early stages of IT implementation.

Subject: Housing, Income, Income distribution, Inflation targeting, Monetary policy, Monetary transmission mechanism, National accounts

Keywords: Belarusian authorities, CR, Global, Housing, Housing construction subsidy, IMF staff estimate, Income, Income distribution, Income quintile, Inflation targeting, Investment, ISCR, Machinery investment, Market, Monetary transmission mechanism, NBRB, Subsidy, Subsidy program

Publication Details

  • Pages:

    34

  • Volume:

    ---

  • DOI:

    ---

  • Issue:

    ---

  • Series:

    Country Report No. 2011/069

  • Stock No:

    1BLREA2011002

  • ISBN:

    9781455252268

  • ISSN:

    1934-7685

Notes