Executive Board
Calendar
Board Discussions
on the Republic of Belarus:

Previous:
May 13, 2015
July 16, 2014
December 9, 2013
May 24, 2013
December 14, 2012

Article IV Staff Reports

Financial Sector Assessment Program

Projected % Change
   2016  2017
Real GDP -2.7 0.4
Consumer Prices 13.6 12.1
Source: World Economic Outlook (April 2016)
Please refer to more recent Press Release/Staff reports on this country for possible revisions.

Republic of Belarus: Financial Position in the Fund

Transactions with the Fund

Central Bank
National Bank of Belarus

Finance Ministry
Ministry of Finance


Download the new IMF App

IMF Resident Representative
Office in Belarus

You may contact us about Republic of Belarus and the IMF at Contact Us


Free Email Notification

Receive emails when we post new items of interest to you.

Subscribe or Modify your profile


Republic of Belarus and the IMF
Updated April 22, 2016

Show all items sorted by date | Annual Meetings Speeches (9) | Article IV Staff Reports (12) | Finance & Development (1) | IMF Survey Online (3) | IMF Surveys (2) | IMFC Statements (7) | Joint Meeting of the IMFC and the Development Committee (1) | Letters of Intent (3) | Mission Concluding Statements (2) | News Briefs (1) | Press Releases (34) | Public Information Notices (13) | Publications (50) | Speeches (4) | Transcripts (9) | Views & Commentaries (1) | Financial Sector Assessment Program (8) 
Annual Meetings Speeches
September 23, 2011 -- Statement by the Hon. Nadezhda Ermakova, Governor of the IMF for Republic of Belarus
PDF File Size: 361Kb
October 08, 2010 -- Statement by the Hon. Andrei Kobyakov, Governor of the World Bank Group for Republic of Belarus
PDF File Size: 422Kb
September 19, 2006 -- Statement by the Hon. Andrei V. Kobyakov, Governor of the World Bank for the Republic of Belarus, at the Joint Annual Discussion
PDF File Size: 279Kb
September 24, 2005 -- Statement by the Hon. Andrei V. Kobyakov, Governor of the World Bank for the Republic of Belarus, at the Joint Annual Discussion
PDF File Size: 352Kb
October 03, 2004 -- Statement by the Hon. Andrei V. Kobyakov, Governor of the World Bank for Republic of Belarus, at the Joint Annual Discussion
PDF File Size: 133Kb
September 23, 2003 -- Statement by the Hon. Andrei Kobyakov, Governor of the World Bank for the Republic Of Belarus, at the Joint Annual Discussion
PDF File Size: 113Kb
September 29, 2002 -- Statement by the Hon. Andrei V. Kobyakov, Governor of the World Bank for the Republic Of Belarus, at the Joint Annual Discussion of the Boards of Governors of the IMF and World Bank, September 29, 2002
PDF File Size: 114Kb
September 28, 2000 -- Statement by the Hon. Gennady V. Novitsky, Governor of the World Bank for the Republic Of Belarus, at the Joint Annual Discussion
PDF File Size: 122Kb
September 30, 1999 -- Statement by the Hon. Gennady V. Novitsky, Governor of the World Bank for the Republic Of Belarus, at the Joint Annual Discussion
PDF File Size: 14Kb
Go to top of page
Article IV Staff Reports
May 29, 2015 -- Republic of Belarus: 2015 Article IV Consultation-Press Release; Staff Report; and Statement by the Executive Director for the Republic of Belarus
Series: Country Report No. 15/136
Notes: Also Available in Russian
July 25, 2014 -- Republic of Belarus: 2014 Article IV Consultation-Staff Report; Press Release; and Statement by the Executive Director for the Republic of Belarus
Series: Country Report No. 14/226
Notes: Full text also available in Russian
May 17, 2012 -- Republic of Belarus : 2012 Article IV Consultation and Second Post-Program Monitoring Discussions: Staff Report; Informational Annex; and Public Information Notice on the Executive Board Discussion.
Series: Country Report No. 12/113
Notes: Also Available in Russian
March 09, 2011 -- Republic of Belarus : 2011 Article IV Consultation-Staff Report; Staff Supplement; and Public Information Notice on the Executive Board Discussion
Series: Country Report No. 11/66
Notes: Also available in Russian
December 30, 2009 -- Republic of Belarus: 2009 Article IV Consultation and Second Review Under the Stand-By Arrangement-Staff Report Informational Annex; Staff Statement; Public Information Notice on the Executive Board Discussion; and Press Release
Series: Country Report No. 09/333
Notes: Also available in Russian
September 10, 2007 -- Republic of Belarus: 2007 Article IV Consultation-Staff Report; Staff Supplement; Public Information Notice on the Executive Board Discussion; and Statement by the Executive Director for the Republic of Belarus
Series: Country Report No. 07/310
Notes: Also available in Russian
August 25, 2006 -- Republic of Belarus: 2006 Article IV Consultation - Staff Report; Public Information Notice on the Executive Board Discussion; and Statement by the Executive Director for the Republic of Belarus
Series: Country Report No. 06/314
Notes: Also available online in Russian
June 28, 2005 -- Republic of Belarus: 2005 Article IV Consultation-Staff Report; Public Information Notice on the Executive Board Discussion; and Statements by the Executive Director for the Republic of Belarus
Series: Country Report No. 05/214
Notes: Also available online in Russian
May 19, 2004 -- Republic of Belarus: 2004 Article IV Consultation--Staff Report; Staff Statement; Public Information Notice on the Executive Board Discussion; and Statement by the Executive Director for the Republic of Belarus
Series: Country Report No. 04/141
Notes: Also available online in Russian.
April 30, 2003 -- Republic of Belarus: 2003 Article IV Consultation--Staff Report; Staff Statement; Public Information Notice on the Executive Board Discussion; and Statement by the Executive Director for the Republic of Belarus
Series: Country Report No. 03/117
February 19, 2002 -- Republic of Belarus: 2001 Article IV Consultation--Staff Report; Public Information Notice on the Executive Board Discussion; and Statement by the Executive Director for the Republic of Belarus.
Series: Country Report No. 02/23
February 19, 2002 -- Republic of Belarus: 2001 Article IV Consultation--Staff Report; Public Information Notice on the Executive Board Discussion; and Statement by the Executive Director for the Republic of Belarus.
Series: Country Report No. 02/23
Go to top of page
Finance & Development
December 01, 2003 -- Country Focus: The Commonwealth of Independent States -- Finance & Development - December 2003 - Volume 40 - Number 4
A decade after starting their transition to market economies, the CIS countries have achieved impressive economic growth but need to implement further structural reforms to strengthen the investment climate; a statistical analysis illustrated with six graphs.
PDF File Size: 63 Kb
Go to top of page
IMF Survey Online
March 28, 2014 -- IMF Survey : IMF Launches New Tool to Assess Public Debt in Market Access Countries
The IMF releases to the general public its new toolkit for assessing public debt sustainability in countries that have access to international capital markets.
January 14, 2009 -- IMF Survey: IMF Helping Counter Crisis Fallout in Emerging Europe
The financial crisis has hit Europe hard. In an interview, IMF European Department head Marek Belka talks about Europe's prospects for recovery and the principles that guide the Fund as it seeks to help Europe's emerging economies counter the fallout of the crisis.
December 31, 2008 -- IMF Survey: IMF Set to Lend $2.5 Billion to Belarus
The IMF announces plans to lend $2.5 billion to Belarus to support the country's efforts to restore economic stability. The loan, which could receive final approval in January, would support policies to help Belarus adjust to shocks from the global financial crisis.
Go to top of page
IMF Surveys
November 20, 2006 -- IMF Survey:
John Lipsky's visit to South Africa and Mali, Latin American growth, Uruguay repays loan, Eastern Europe, Albania's economy, Belarus and Morocco, U.S. current account deficit, Francis Warnock, IMF governance, fiscal adjustment. PDF File Size: 977Kb
August 01, 2005 -- IMF Survey:
Sustained strong growth in Belarus; Egypt's policies; Samoa outpaces comparators; Bahamas needs fiscal tightening; Georgia's oil/gas transit revenues; Mauritius must improve competitiveness; Tanzania's growth/poverty reduction; Making surveillance more effective. PDF File Size: 456Kb
Go to top of page
IMFC Statements
April 15, 2016 -- IMFC Statement by Mr. Şimşek, Deputy Prime Minister, Republic of Turkey
On behalf of: Austria, Republic of Belarus, Czech Republic, Hungary, Slovak Republic, Republic of Slovenia, Turkey, Kosovo. PDF File Size: 349Kb
October 09, 2015 -- IMFC Statement by Cevdet Yilmaz, Deputy Prime Minister for Economic and Financial Affairs, Turkey
On behalf of: Austria, Republic of Belarus, Czech Republic, Hungary, Slovak Republic, Republic of Slovenia, Turkey, Kosovo. PDF File Size: 353Kb
April 18, 2015 -- IMFC Statement by Ali Babacan, Deputy Prime Minister for Economic and Financial Affairs, Turkey
On behalf of: Austria, Republic of Belarus, Czech Republic, Hungary, Slovak Republic, Republic of Slovenia, Turkey, Kosovo. PDF File Size: 317Kb
October 11, 2014 -- IMFC Statement by Hans Joerg Schelling, Minister of Finance, Austria
On behalf of: Austria, Republic of Belarus, Czech Republic, Hungary, Slovak Republic, Republic of Slovenia, Turkey, Kosovo. PDF File Size: 341Kb
April 11, 2014 -- IMFC Statement by Michael Spindelegger, Vice Chancellor and Minister of Finance, Austria
On behalf of: Austria, Republic of Belarus, Czech Republic, Hungary, Slovak Republic, Republic of Slovenia, Turkey, Kosovo. PDF File Size: 200Kb
October 12, 2013 -- IMFC Statement by Ewald Nowotny, Governor, Austrian National Bank
On behalf of: Austria, Republic of Belarus, Czech Republic, Hungary, Slovak Republic, Republic of Slovenia, Turkey, Kosovo. PDF File Size: 91Kb
April 20, 2013 -- IMFC Statement by Maria Fekter, Minister of Finance, Austria
On behalf of: Austria, Republic of Belarus, Czech Republic, Hungary, Slovak Republic, Republic of Slovenia, Turkey, Kosovo. PDF File Size: 113Kb
October 13, 2012 -- IMFC Statement by Steven Vanackere Deputy Prime Minister and Minister of Finance, Belgium
On behalf of: Austria, Belgium, Republic of Belarus, Czech Republic, Hungary, Luxembourg, Slovak Republic, Republic of Slovenia, Turkey, Kosovo. PDF File Size: 374Kb
April 21, 2012 -- IMFC Statement by Steven Vanackere, Deputy Prime Minister and Minister of Finance, Belgium
On behalf of: Austria, Belgium, Republic of Belarus, Czech Republic, Hungary, Luxembourg, Slovak Republic, Republic of Slovenia, Turkey, Kosovo. PDF File Size: 336Kb
September 24, 2011 -- IMFC Statement by Didier Reynders, Deputy Prime Minister and Minister of Finance, Ministere des Finances, Belgium
On behalf of: Austria, Belgium, Republic of Belarus, Czech Republic, Hungary, Luxembourg, Slovak Republic, Republic of Slovenia, Turkey, Kosovo. PDF File Size: 199Kb
April 16, 2011 -- IMFC Statement by Didier Reynders Deputy Prime Minister and Minister of Finance, Ministere des Finances, Belgium
On behalf of: Austria, Belgium, Republic of Belarus, Czech Republic, Hungary, Luxembourg, Slovak Republic, Republic of Slovenia, Turkey, Kosovo. PDF File Size: 342Kb
October 09, 2010 -- IMFC Statement by Didier Reynders Deputy Prime Minister and Minister of Finance of Belgium
On behalf of: Austria, Belgium, Republic of Belarus, Czech Republic, Hungary, Republic of Kazakhstan, Luxembourg, Slovak Republic, Republic of Slovenia, Turkey. PDF File Size: 426Kb
April 24, 2010 -- IMFC Statement by Mr. Guy Quaden, Governor of the National Bank of Belgium
On behalf of: Austria, Belgium, Republic of Belarus, Czech Republic, Hungary, Republic of Kazakhstan, Luxembourg, Slovak Republic, Republic of Slovenia, Turkey. PDF File Size: 350Kb
October 04, 2009 -- Statement by Didier Reynders Deputy Prime Minister and Minister of Finance, Ministère des Finances, Belgium
On behalf of: Austria, Belgium, Republic of Belarus, Czech Republic, Hungary, Republic of Kazakhstan, Luxembourg, Slovak Republic, Republic of Slovenia, Turkey. PDF File Size: 312Kb
April 25, 2009 -- IMFC Statement by Mr. Didier Reynders, Deputy Prime Minister and Minister of Finance of Belgium
On behalf of: Austria, Belgium, Republic of Belarus, Czech Republic, Hungary, Republic of Kazakhstan, Luxembourg, Slovak Republic, Republic of Slovenia, Turkey. PDF File Size: 331Kb
April 12, 2008 -- IMFC Statement by the Honourable Didier Reynders, Deputy Prime Minister and Minister of Finance of Belgium
On behalf of: Austria, Belgium, Republic of Belarus, Czech Republic, Hungary, Republic of Kazakhstan, Luxembourg, Slovak Republic, Republic of Slovenia, Turkey. PDF File Size: 171Kb
October 20, 2007 -- IMFC Statement by Mr. Didier Reynders, Deputy Prime Minister and Minister of Finance of Belgium
On behalf of: Austria, Belgium, Republic of Belarus, Czech Republic, Hungary, Republic of Kazakhstan, Luxembourg, Slovak Republic, Republic of Slovenia, Turkey. PDF File Size: 175Kb
September 17, 2006 -- IMFC Statement by Mr. Didier Reynders, Deputy Prime Minister and Minister of Finance of Belgium
On behalf of: Austria, Belgium, Republic of Belarus, Czech Republic, Hungary, Republic of Kazakhstan, Luxembourg, Slovak Republic, Republic of Slovenia, Turkey. PDF File Size: 218Kb
April 22, 2006 -- IMFC Statement by Mr. Didier Reynders, Deputy Prime Minister and Minister of Finance of Belgium
On behalf of: Austria, Belgium, Republic of Belarus, Czech Republic, Hungary, Republic of Kazakhstan, Luxembourg, Slovak Republic, Republic of Slovenia, Turkey. PDF File Size: 732Kb
September 24, 2005 -- IMFC Statement by Mr. Didier Reynders, Deputy Prime Minister and Minister of Finance of Belgium
On behalf of: Austria, Belgium, Republic of Belarus, Czech Republic, Hungary, Republic of Kazakhstan, Luxembourg, Slovak Republic, Republic of Slovenia, Turkey. PDF File Size: 160Kb
April 16, 2005 -- IMFC Statement by Mr. Didier Reynders, Minister of Finance of Belgium
On behalf of: Austria, Republic of Belarus, Czech Republic, Hungary, Republic of Kazakhstan, Luxembourg, Slovak Republic, Republic of Slovenia, Turkey. PDF File Size: 667Kb
October 02, 2004 -- IMFC Statement by Mr. Didier Reynders Minister of Finance of Belgium
On behalf of: Austria, Belgium, Republic of Belarus, Czech Republic, Hungary, Republic of Kazakhstan, Luxembourg, Slovak Republic, Republic of Slovenia, Turkey. PDF File Size: 548Kb
April 24, 2004 -- IMFC Statement by H.E. Didier Reynders, Minister of Finance of Belgium
On behalf of: Austria, Belgium, Republic of Belarus, Czech Republic, Hungary, Republic of Kazakhstan, Luxembourg, Slovak Republic, Republic of Slovenia, Turkey. PDF File Size: 431Kb
September 21, 2003 -- Statement by Mr. Didier Reynders, Minister of Finance of Belgium, Given on the Occasion of the International Monetary and Financial Committee (IMFC) Meeting, September 21, 2003
On behalf of the constituency consisting of Austria, Belarus, Belgium, Czech Republic, Hungary, Kazakhstan, Luxembourg, Slovak Republic, Slovenia and Turkey.
April 12, 2003 -- IMFC Statement by Statement by Mr. Guy Quaden, Governor of the National Bank of Belgium, April 12, 2003
The International Monetary and Financial Committee statement on behalf of the constituency consisting of Austria, Belarus, Belgium, Czech Republic, Hungary, Kazakhstan, Luxembourg, Slovak Republic, Slovenia, Turkey
September 28, 2002 -- Statement by Mr. Didier Reynders, Minister of Finance of Belgium, International Monetary and Financial Committee, Washington, D.C., September 28, 2002
The International Monetary and Financial Committee statement on behalf of the Constituency consisting of Austria, Belarus, Belgium, Czech Republic, Hungary, Kazakhstan, Luxembourg, Slovak Republic, Slovenia and Turkey
April 20, 2002 -- Statement by Mr. Didier Reynders, Minister of Finance of Belgium, at the International Monetary and Financial Committee, Washington, D.C., April 20, 2002
The International Monetary and Financial Committee member for the Constituency consisting of Austria, Belarus, Belgium, Czech Republic, Hungary, Kazakhstan, Luxembourg, Slovak Republic, Slovenia and Turkey
November 17, 2001 -- Statement by H.E. Didier Reynders, Minister of Finance of Belgium, at the International Monetary and Financial Committee, Ottawa, Canada, November 17, 2001
The International Monetary and Financial Committee member for the constituency consisting of Austria, Belarus, Belgium, Czech Republic, Hungary, Kazakhstan, Luxembourg, Slovak Republic, Slovenia and Turkey
April 29, 2001 -- Statement by H.E. Didier Reynders, Minister of Finance of Belgium
The International Monetary and Financial Committee member for the constituency consisting of Austria, Belgium, Belarus, Czech Republic, Hungary, Kazakhstan, Luxembourg, Slovak Republic, Slovenia, Turkey
April 16, 2000 -- Statement by H.E. Didier Reynders, Minister of Finance of Belgium International Monetary and Financial Committee Washington, D.C., April 16, 2000
The International Monetary and Financial Committee member for the constituency consisting of Austria, Belgium, Belarus, Czech Republic, Hungary, Kazakhstan, Luxembourg, Slovak Republic, Slovenia, Turkey
Go to top of page
Joint Meeting of the IMFC and the Development Committee
April 29, 2001 -- Joint IMFC and Development Committee Statement by H.E. Didier Reynders, Minister of Finance of Belgium
The International Monetary and Financial Committee member for the constituency consisting of Austria, Belgium, Belarus, Czech Republic, Hungary, Kazakhstan, Luxembourg, Slovak Republic, Slovenia, Turkey
Go to top of page
Letters of Intent
December 11, 2009 -- Republic of Belarus -- Letter of Intent and Technical Memorandum of Understanding, December 11, 2009
Also available in Russian PDF File Size: 476Kb
December 31, 2008 -- Republic of Belarus -- Letter of Intent, Memorandum of Economic and Financial Policies, and Technical Memorandum of Understanding, December 31, 2008
Also available in Russian PDF File Size: 476Kb
April 13, 2001 -- Belarus-Staff Monitored Program-Letter of Intent, Memorandum of Economic and Financial Policies, and Technical Memorandum of Understanding, April 13, 2001
This memorandum describes the policies that Belarus is implementing in the framework of a staff-monitored program.
Go to top of page
Mission Concluding Statements
August 27, 2009 -- Belarus—2009 Article IV Consultation, Concluding Statement of the IMF Mission
Describes the preliminary findings of IMF staff at the conclusion of certain missions (official staff visits, in most cases to member countries). Missions are undertaken as part of regular (usually annual) consultations under Article IV of the IMF's Articles of Agreement, in the context of a request to use IMF resources (borrow from the IMF), as part of discussions of staff monitored programs, and as part of other staff reviews of economic developments.
February 09, 2004 -- Belarus -- 2004 Article IV Consultation, Concluding Statement of the IMF mission
Describes the preliminary findings of IMF staff at the conclusion of certain missions (official staff visits, in most cases to member countries). Missions are undertaken as part of regular (usually annual) consultations under Article IV of the IMF's Articles of Agreement, in the context of a request to use IMF resources (borrow from the IMF), as part of discussions of staff monitored programs, and as part of other staff reviews of economic developments.
Go to top of page
News Briefs
August 24, 1995 -- News Brief: IMF Praises Belarus Economic Policy, Sees September Stand-by
Go to top of page
Press Releases
November 20, 2015 -- Press Release: Statement by an IMF Mission to Belarus
May 18, 2015 -- Press Release: IMF Executive Board Concludes 2015 Article IV Consultation with the Republic of Belarus
March 17, 2015 -- Press Release: Statement by the IMF Mission to the Republic of Belarus
October 28, 2014 -- Press Release: IMF Staff Concludes Visit to Belarus
July 25, 2014 -- Press Release: IMF Executive Board Concludes Article IV Consultation with the Republic of Belarus
April 28, 2014 -- Press Release: Statement by the IMF Mission to the Republic of Belarus
December 17, 2013 -- Press Release: IMF Executive Board Concludes Fifth Post-Program Monitoring Discussions with Belarus
October 29, 2013 -- Press Release: Statement by the IMF Mission to the Republic of Belarus
March 27, 2013 -- Press Release: Statement by the IMF Mission to the Republic of Belarus
October 29, 2012 -- Press Release: Statement by the IMF Mission to the Republic of Belarus
March 05, 2012 -- Press Release: Statement at the Conclusion of the IMF Mission to the Republic of Belarus
February 14, 2012 -- Press Release: IMF Resident Representative to leave Belarus in April
October 17, 2011 -- Press Release: Statement by the IMF Mission to the Republic of Belarus
June 13, 2011 -- Press Release: Statement by the IMF Mission to the Republic of Belarus
February 02, 2011 -- Press Release: Statement by the IMF Mission to the Republic of Belarus
November 16, 2010 -- Press Release: Statement at the Conclusion of the IMF Mission to the Republic of Belarus
March 26, 2010 -- Press Release: IMF Completes Fourth Review Under Stand-By Arrangement with Belarus, Approves US$662.9 Million Disbursement
February 17, 2010 -- Press Release: IMF Mission Reaches Staff-Level Agreement on Fourth Review Under Stand-By Arrangement with Belarus
December 18, 2009 -- Press Release: IMF Completes Third Review Under Stand-By Arrangement with Belarus, Approves US$688 Million Disbursement
November 19, 2009 -- Press Release: IMF Mission Reaches Staff-Level Agreement on Third Review Under Stand-By Arrangement with Belarus
October 21, 2009 -- Press Release: IMF Executive Board Completes Second Review Under Stand-By Arrangement, Concludes 2009 Article IV Consultation with Belarus
September 03, 2009 -- Press Release: IMF Reaches Staff-Level Agreement with Belarus on Second Review Under Stand-By Arrangement
June 29, 2009 -- Press Release: IMF Executive Board Completes First Review Under Stand-By Arrangement with Belarus, Approves US$679.2 Million Disbursement, and Increases Financial Support to US$3.52 Billion
June 22, 2009 -- Press Release: IMF Supports Belarus's Decision to Widen the Exchange Rate Band
June 10, 2009 -- Press Release: IMF Reaches Staff-Level Agreement with Belarus on the First Review of Stand-By Arrangement, Request for Augmentation
May 12, 2009 -- Press Release: Statement at the Conclusion of an IMF Mission to Belarus
March 10, 2009 -- Press Release: Statement at the Conclusion of a Staff Visit to Belarus
January 12, 2009 -- Press Release: IMF Executive Board Approves US$2.46 Billion Stand-By Arrangement for Belarus
December 31, 2008 -- Press Release: IMF Announces Staff-Level Agreement with Belarus on US$2.5 Billion Stand-By Arrangement
October 22, 2008 -- Press Release: Statement by IMF Managing Director Strauss-Kahn on the Republic of Belarus
January 07, 2005 -- Press Release: The Republic of Belarus Subscribes to the IMF's Special Data Dissemination Standard
September 12, 1995 -- Press Release: IMF Approves Stand-By Credit for the Republic of Belarus
January 31, 1995 -- Press Release: IMF Approves Second STF Drawing for the Republic of Belarus