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

1BLREA2005002 Image
Price:  $15.00

Release Date: © June, 2005
ISBN : 978-1-45180-516-1
Stock #: 1BLREA2005002
Stock Status: On back-order

Languages and formats available

EnglishFrenchSpanishArabicRussianChinesePortuguese
PaperbackYesYes
PDFYes
ePubYesYes
MobipocketYesYes

Description

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.

Taxonomy

Economic policy , Exchange rate policy , Fiscal policy , Foreign exchange , Monetary policy




More publications in this series: IMF Staff Country Reports