{
  "title": "Republic of Belarus: Fifth Post-Program Monitoring Discussions",
  "publication": "IMF Staff Country Reports, January 24, 2014",
  "sourceUrl": "https://www.imf.org/en/publications/cr/issues/2016/12/31/republic-of-belarus-fifth-post-program-monitoring-discussions-41271",
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  "summary": "This Informational Annex highlights a voluntary assessment of the National Bank of the Republic of Belarus (NBRB) completed in April 2004.",
  "publishDate": "2014-01-24",
  "series": "IMF Staff Country Reports",
  "sections": [
    {
      "heading": "Assessment of the National Bank of the Republic of Belarus (NBRB)",
      "content": "- Voluntary assessment completed in April 2004 concluded there were significant vulnerabilities in the safeguards framework, especially in:\n  - the legal structure and independence\n  - external and internal audit\n  - financial reporting\n- The 2004 assessment made specific recommendations to correct identified shortcomings."
    },
    {
      "heading": "Updated assessment in connection with the Stand-By Arrangement",
      "content": "- An updated assessment was completed in May 2009 in connection with the Stand-By Arrangement approved on January 12, 2009.\n- The May 2009 assessment found little progress in addressing previously identified vulnerabilities.\n- The assessment determined that risks have increased since the voluntary 2004 assessment and recommended several measures.\n- Implementation status: Only some of the recommendations were implemented by the NBRB."
    },
    {
      "heading": "Subjects and keywords",
      "content": "- Subject: Banking, Currencies, Directed credit, External debt, Foreign exchange, Money, Public debt\n- Keywords: Baltics, Belarusian authorities, CR, Currencies, debt, Directed credit, Global, government, government program, IMF staff estimate, ISCR, lending, lending growth, state asset management\n\nSource: IMF Staff Country Report \"Republic of Belarus: Fifth Post-Program Monitoring Discussions\", January 24, 2014.\n\n---\n\n Content in this bundle\n\n- Microsoft Word - DMSDR1S-5310586-v1-Belarus-2013-BUFFStatementbyPraderandMisyukovets.DOCX\n  - Microsoft Word - DMSDR1S-5310586-v1-Belarus-2013-BUFFStatementbyPraderandMisyukovets.DOCX (Markdown version){rel=\"alternate\" type=\"text/markdown\"}\n  - Microsoft Word - DMSDR1S-5310586-v1-Belarus-2013-BUFFStatementbyPraderandMisyukovets.DOCX (PDF){rel=\"external\" type=\"application/pdf\"}\n- 3. Oтдельные экономические показатели\n  - 3. Oтдельные экономические показатели (Markdown version){rel=\"alternate\" type=\"text/markdown\"}\n  - 3. Oтдельные экономические показатели (PDF){rel=\"external\" type=\"application/pdf\"}\n\n---\n\nSource: https://www.imf.org/en/publications/cr/issues/2016/12/31/republic-of-belarus-fifth-post-program-monitoring-discussions-41271"
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    "Published: January 24, 2014",
    "Series: IMF Staff Country Reports",
    "DOI: https://doi.org/10.5089/9781484382592.002",
    "Voluntary assessment completed in April 2004 concluded there were significant vulnerabilities in the safeguards framework, especially in:",
    "The 2004 assessment made specific recommendations to correct identified shortcomings.",
    "An updated assessment was completed in May 2009 in connection with the Stand-By Arrangement approved on January 12, 2009.",
    "The May 2009 assessment found little progress in addressing previously identified vulnerabilities.",
    "The assessment determined that risks have increased since the voluntary 2004 assessment and recommended several measures.",
    "Implementation status: Only some of the recommendations were implemented by the NBRB.",
    "Subject: Banking, Currencies, Directed credit, External debt, Foreign exchange, Money, Public debt",
    "Keywords: Baltics, Belarusian authorities, CR, Currencies, debt, Directed credit, Global, government, government program, IMF staff estimate, ISCR, lending, lending growth, state asset management",
    "**Microsoft Word - DMSDR1S-#5310586-v1-Belarus_-_2013_-_BUFF_Statement_by_Prader_and_Misyukovets.DOCX**",
    "**3. Oтдельные экономические показатели**"
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