Belarus: Recent Economic Developments
October 23, 1995
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This paper describes economic developments in Belarus during 1992–94. The difficult economic situation facing Belarus in 1992 and 1993 continued unabated in 1994. Two political developments compounded the economic problems in the first half of the year. Efforts were aimed at alleviating or mitigating the effects of the downturn in output on living standards in the run-up to the country’s first presidential elections. In September 1994, the government developed a comprehensive macroeconomic and structural adjustment program, or “Anti-Crisis Program,” which was approved by the parliament in October.
Subject: Banking, Commercial banks, Currencies, Expenditure, Financial institutions, Foreign exchange, Inflation, Money, Prices
Keywords: Commercial banks, CR, Currencies, Eastern Europe, Europe, exchange rate, foreign currency, gross domestic product, Inflation, ISCR, national bank, state enterprise, U.S. dollar, Western Europe
Pages:
192
Volume:
1995
DOI:
---
Issue:
099
Series:
Country Report No. 1995/099
Stock No:
1BLREA0011995
ISBN:
9781451805000
ISSN:
1934-7685
Notes
This report on recent economic developments was prepared by a staff team of the International Monetary Fund as background documentation for the periodic consultation with this member country. In releasing this document for public use, confidential material may have been removed at the request of the member.
