Republic of Belarus: Staff Report for the 2006 Article IV Consultation

August 25, 2006

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Republic of Belarus: Staff Report for the 2006 Article IV Consultation, (USA: International Monetary Fund, 2006) accessed April 6, 2025

Also available in: русский

Summary

Belarus’s economy has performed well owing to its strong macroeconomic policies, which facilitated rapid real income growth, near-full employment, and a reduction in poverty to the lowest level in the Commonwealth of Independent States (CIS). Executive Directors welcomed the disciplined monetary and fiscal policies. They commended the efforts to curb budgetary transfers and subsidies, reduce the tax burden, and strengthen the financial system. They appreciated the National Bank of the Republic of Belarus (NBRB) in strengthening the supervisory frameworks, and stressed the need for fiscal tightening and strengthening of its policies, reforms, and economic performance.

Subject: Currencies, Energy prices, Expenditure, External debt, Inflation, Money, Prices

Keywords: Belarus SME toolkit, CIS country, CR, Currencies, Energy prices, Exchange policy, Golden share, Golden share rule, Government, IMF staff estimate, Increasing terms of trade gain, Inflation, Innovation fund, ISCR, Policy, Policy goal, Procedure, Terms-of-trade gain, Utility cost recovery ratio

Publication Details

Pages:

62
Volume:

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DOI:

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Issue:

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Series:

Country Report No. 2006/314
Stock No:

1BLREA2006005
ISBN:

9781451805246
ISSN:

1934-7685

Notes

Also available online in Russian

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