Republic of Belarus : 2018 Article IV Consultation-Press Release; Staff Report; and Statement by the Executive Director for Republic of Belarus

Author/Editor:

International Monetary Fund. European Dept.

Publication Date:

January 17, 2019

Electronic Access:

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Summary:

The Belarusian economy is in a cyclical recovery, inflation is at historically low levels and the exchange rate has been broadly stable. Although macroeconomic policy frameworks have improved, there is a need to reduce deep seated vulnerabilities such as rapidly rising public debt, high dollarization, and limited trade and financing diversification. In addition, reforms of the large state-owned enterprise sector are critical to tackle inefficiencies and increase potential growth. Risks ahead are elevated; notably, Belarus could lose significant oil-related discounts and transfers due to internal tax changes in Russia, but the authorities are confident of a successful outcome to the ongoing negotiations.

Series:

Country Report No. 19/9

Subject:

English

Publication Date:

January 17, 2019

ISBN/ISSN:

9781484389003/1934-7685

Stock No:

1BLREA2019001

Price:

$18.00 (Academic Rate:$18.00)

Format:

Paper

Pages:

82

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