Republic Of Belarus: Staff Report for the 2005 Article IV Consultation
Electronic Access:
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Summary:
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.
Series:
Country Report No. 2005/214
Subject:
Banking Currencies Expenditure External debt Monetary base Money Public debt
Notes:
Also available online in Russian
English
Publication Date:
June 28, 2005
ISBN/ISSN:
9781451805161/1934-7685
Stock No:
1BLREA2005002
Pages:
57
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