Republic Of Belarus: Staff Report for the 2005 Article IV Consultation

June 28, 2005

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Republic Of Belarus: Staff Report for the 2005 Article IV Consultation, (USA: International Monetary Fund, 2005) accessed November 23, 2024

Also available in: русский

Summary

This 2005 Article IV Consultation reports that Belarus experienced strong economic growth in 2004, supported by policies aimed at raising incomes and credit, and a favorable external environment. Inflation was halved during 2004, and slowed down further to 11 percent in April 2005, aided by a balanced budget, exchange rate stability, and continued remonetization. Although the economy’s current momentum is likely to result in significant growth in 2005, its long-term prospects are uncertain in the absence of wide-ranging structural reforms and a phasing out of massive quasi-fiscal activities.

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

Keywords: Authority, Banking system, Belarus economy, Belarusian authorities, CR, Currencies, Europe, Fund advice, Fund mission, Growth forecast, ISCR, Monetary base, State, Western Europe

Publication Details

Pages:

57
Volume:

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DOI:

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Issue:

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Series:

Country Report No. 2005/214
Stock No:

1BLREA2005002
ISBN:

9781451805161
ISSN:

1934-7685

Notes

Also available online in Russian

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