Republic of Belarus: Selected Issues Paper

April 29, 2011

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Format: Chicago

Republic of Belarus: Selected Issues Paper, (USA: International Monetary Fund, 2011) accessed November 21, 2024

Summary

The Belarus authorities are moving in the direction of a flexible exchange rate system supported by an inflation-targeting (IT) regime, which would have significant benefits for the economy. A full-fledged IT framework (FFIT) requires a number of essential building blocks, which could be viewed as components of sound macroeconomic management. There are three additional features that could interfere with the IT regime. Some of the building blocks are essentially prerequisites for a successful launch of the IT regime; others could be developed (or fine-tuned) during early stages of IT implementation.

Subject: Housing, Income, Income distribution, Inflation targeting, Monetary policy, Monetary transmission mechanism, National accounts

Keywords: Belarusian authorities, CR, Global, Housing, Housing construction subsidy, IMF staff estimate, Income, Income distribution, Income quintile, Inflation targeting, Investment, ISCR, Machinery investment, Market, Monetary transmission mechanism, NBRB, Subsidy, Subsidy program

Publication Details

Pages:

34
Volume:

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DOI:

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Issue:

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Series:

Country Report No. 2011/069
Stock No:

1BLREA2011002
ISBN:

9781455252268
ISSN:

1934-7685

Notes

Also Available in Russian

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