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

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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.


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

More publications in this series: IMF Staff Country Reports