Belarus: Recent Economic Developments

January 4, 2000

Preview Citation

Format: Chicago

Belarus: Recent Economic Developments, (USA: International Monetary Fund, 2000) accessed October 11, 2024

Summary

In pursuing their economic policy, the authorities have taken advantage of the existence of excess industrial capacity and have relied on price and exchange controls in an attempt to contain inflation pressures. In spite of strong financial support, agriculture performed poorly during 1998, as a result of inclement weather conditions, lack of financial incentives to producers, and aging harvesting equipment. Industrial production expanded at an annual rate of 10 percent, and investment, at a rate of 51/2 percent.

Subject: Banking, Credit, Currencies, Exchange rates, Expenditure, Exports, Foreign exchange, International trade, Money

Keywords: Baltics, Broad money, Budget deficit, CR, Credit, Currencies, Current account, Customs union, Eastern Europe, Exchange rate, Exchange rates, Exports, First quarter, Foreign currency, Fund staff estimate, Golden share, Gross domestic product, ISCR, National bank, Trade balance, Western Europe

Publication Details

Pages:

144
Volume:

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DOI:

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Issue:

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Series:

Country Report No. 1999/143
Stock No:

1BLREA0011999
ISBN:

9781451805048
ISSN:

1934-7685

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