Belarus: Recent Economic Developments

October 28, 1998

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Belarus: Recent Economic Developments, (USA: International Monetary Fund, 1998) accessed September 27, 2024

Summary

This paper reviews economic developments in the Republic of Belarus during 1996–98. Since 1996, the Belarusian authorities have sought to revive economic activity and raise living standards through the rapid expansion of credit and policies aimed at accelerating export growth, particularly to Russia. These policies led to the acceleration of officially measured economic growth, from close to 3 percent in 1996 to 10½ percent in 1997 and 12 percent during the first quarter of 1998 (year over year).

Subject: Banking, Commercial banks, Credit, Directed credit, Expenditure, Exports, Financial institutions, International trade, Money

Keywords: Baltics, Belarussian authority, Capital investment, Commercial banks, CR, Credit, Directed credit, Exchange rate, Exports, First quarter, Foreign exchange, Fund staff estimate, ISCR, Minimum wage, State budget, Trade balance, U.S. dollar

Publication Details

Pages:

183
Volume:

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DOI:

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Issue:

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Series:

Country Report No. 1998/108
Stock No:

1BLREA0011998
ISBN:

9781451805031
ISSN:

1934-7685

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