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.
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Summary:
This paper focuses on the 2012 Article IV Consultation and Second Post-Program Monitoring Discussions with Belarus. Since mid-2011, the authorities have been implementing stabilization measures. The financial system has weathered the 2011 crisis, and banks’ capital has been replenished with general budget resources. Executive Directors have welcomed the Belarusian economy’s emergence from the 2011 crisis owing to the authorities’ commendable adjustment policies in the second half of the year. Directors have also stressed the importance of ensuring consistency among the authorities’ policy goals.
Series:
Country Report No. 2012/113
Subject:
Banking Credit Exchange rates External debt Foreign exchange Money Public debt
Notes:
English
Publication Date:
May 17, 2012
ISBN/ISSN:
9781475503807/1934-7685
Stock No:
1BLREA2012001
Pages:
61
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