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Title Republic of Belarus : 2011 Article IV consultation : staff report, staff supplement, and public information notice on the Executive Board discussion / prepared by the European Dept. in consultation with other departments
Published Washington, D.C. : International Monetary Fund, ©2011

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Description 1 online resource (58 pages)
Series IMF country report ; no. 11/66
IMF country report ; no. 11/66
Contents Cover; Contents; I.A Time of Uncertainty; II. The Recent History; III. Outlook and Immediate Challenges; IV. Key Challenges Beyond The Short Term: What Should Belarus's Economy Look Like in 2015?; A. Strengthening Policies to Attain External Sustainability; B. Improving Long-Term Growth Potential through Structural Reforms and Productivity-Enhancing Investment; C. Reducing the Fiscal Burden and Curbing Expensive Subsidy Programs; D. Reforming the Banking Sector to Improve Financial Intermediation; V. Relationship with the Fund; VI. Staff Appraisal; Boxes
1. Common Economic Area: Main Goals and Current Status2. Banking System Stress Tests; 3. Program for Social and Economic Development of Belarus in 2011-15; 4. Exchange Rate Assessment; Figures; 1. Performance Among Peers, 2002-09; 2. Output Developments, 2001-10; 3. Inflation Developments, 2008-10; 4. External Developments, 2005-11; 5. Monetary Developments, 2008-11; Tables; 1. Selected Economic Indicators (Baseline scenario), 2008-16; 2. Balance of Payments, 2008-16; 3. Fiscal Indicators and Projections, 2008-16; 4. Monetary Authorities' Accounts, 2008-16; 5. Monetary Survey, 2008-16
6. Banking Sector Soundness Indicators, 2006-107. Indicators of External Vulnerability, 2006-10; 8. Capacity to Repay the Fund, 2009-16; Appendixes; I. Debt Sustainability Framework, 2006-16; Contents; I. Fund Relations; II. World Bank Relations; III. Statistical Issues
Summary Belarus's economy grew rapidly but remained vulnerable to external shocks. Under the IMF-supported program, Belarus avoided loss of output during the global recession, contained inflation, and increased gross reserves. The structural reform agenda focused on economic liberalization, a shift in investment from the housing sector to the tradable sector, a smaller role of the state, and the development of the financial sector. Post-program monitoring was proposed. Establishing a development bank to administer lending under government programs would free the central bank and commercial banks from
Notes Online resource; title from PDF title page (IMF Web site, viewed July 6, 2011)
Subject International Monetary Fund -- Belarus
SUBJECT International Monetary Fund fast
Subject Economic development -- Belarus
Economic indicators -- Belarus
Debts, External -- Belarus
Debts, Public -- Belarus
Debts, External
Debts, Public
Economic development
Economic history
Economic indicators
Economic policy
SUBJECT Belarus -- Economic conditions. http://id.loc.gov/authorities/subjects/sh87005226
Belarus -- Economic policy. http://id.loc.gov/authorities/subjects/sh89003920
Subject Belarus
Form Electronic book
Author International Monetary Fund. European Department
ISBN 9781462300082
1462300081
Other Titles Republic of Belarus, 2010 Article IV consultation