Hidden Bibliographic Details
| Other authors / contributors: | Erbenova, Michaela, (IMF Staff)
Makarova, Yulia, (World Bank Staff)
International Monetary Fund. Monetary and Capital Markets Department.
International Monetary Fund. European Department.
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| ISBN: | 9781452757582
1452757585
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| Notes: | "The main authors of this report are Vassili Prokopenko, Michaela Erbenova, and Yulia Makarova"--Page 3 of pdf.
"January 2009."
"January 6, 2009"--Page 3 of pdf.
"Prepared by the Monetary and Capital Markets and European Departments"--Page 3 of pdf.
Includes bibliographical references.
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| Summary: | 1. The Belarusian economy has performed strongly since 2004, which masked the build-up of vulnerabilities. Annual real GDP growth has been around 10 percent since 2004, and despite the substantial increase in energy import prices from January 2007, macroeconomic performance remained robust until the fourth quarter of 2008 (real GDP growth was 8 1/4 percent in 2007 and 10 1/4 percent in the first half of 2008).1 At the same time, international reserves remained low, and structural reforms were lagging. Monetary policy has remained anchored by the fixed exchange rate regime.
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| Other form: | Print version: Republic of Belarus. Washington, D.C. : International Monetary Fund, ©2009
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