Republic of Belarus: Staff Report for the 2004 Article IV Consultation

May 19, 2004

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Republic of Belarus: Staff Report for the 2004 Article IV Consultation, (USA: International Monetary Fund, 2004) accessed November 22, 2024

Also available in: русский

Summary

This 2004 Article IV Consultation highlights that macroeconomic developments in Belarus in 2003 were mixed. Although in real terms GDP, industrial production, and agriculture all grew by 6.8 percent; according to official data prepared on Belarusian national methodology growth, would be lower on international methodology. Fiscal policy was fairly tight during 2003, mainly owing to limited sources of available financing, such as privatization proceeds. The outlook for 2004 is uncertain. Under current policies, inflation is expected to reach about 22 percent, and real GDP growth is likely to slow to about 4¾ percent.

Subject: Currencies, Expenditure, External debt, Monetary base, Money, Public debt

Keywords: Authority, Baltics, Broad money, Budget performance, CR, Currencies, Energy debt, Europe, GDP performance, ISCR, Monetary base, Sta data ROSC mission, Time series price indices

Publication Details

Pages:

63
Volume:

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DOI:

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Issue:

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Series:

Country Report No. 2004/141
Stock No:

1BLREA0032004
ISBN:

9781451805130
ISSN:

1934-7685

Notes

Also available online in Russian.

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