Republic of Belarus: Staff Report for the 2003 Article IV Consultation

April 30, 2003

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Republic of Belarus: Staff Report for the 2003 Article IV Consultation, (USA: International Monetary Fund, 2003) accessed November 14, 2024

Summary

This 2003 Article IV Consultation states that Belarus made noticeable progress in some areas of economic reform over the past several years, but overall macroeconomic performance in 2002 was mixed. Inflation in 2002 was the lowest since Belarus became independent, yet it remains the highest in the Commonwealth of Independent States. Under current policies, the outlook for 2003 is broadly similar to the outcome for 2002. Inflation is expected at about 27 percent, and real GDP growth is likely to slow modestly to about 4 percent.

Subject: Arrears, Banking, Currencies, Economic sectors, Expenditure, External debt, Monetary base, Money, Privatization

Keywords: Arrears, Baseline, Baseline projection, Belarusian authorities, Corporatization of the natural gas transit, CR, Currencies, Distribution company Beltransgaz, Fiscal policy, Global, ISCR, Monetary base, Monetary policy, Privatization, Staff appraisal

Publication Details

Pages:

57
Volume:

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DOI:

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Issue:

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Series:

Country Report No. 2003/117
Stock No:

1BLREA0012003
ISBN:

9781451805079
ISSN:

1934-7685

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