Republic of Belarus : 2018 Article IV consultation-press release ; staff report ; and statement by the executive director for Republic of Belarus.

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Bibliographic Details
Imprint:	Washington, D.C. : International Monetary Fund, 2019. ©2019
Description:	1 online resource (83 pages)
Language:	English
Series:	IMF Country Report ; no. 19/9 IMF country report ; no. 19/9.
Subject:	Monetary policy -- Belarus. Fiscal policy -- Belarus. Fiscal policy. Monetary policy. Belarus.
Format:	E-Resource Book
URL for this record:	http://pi.lib.uchicago.edu/1001/cat/bib/12510124

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Other authors / contributors:	International Monetary Fund, issuing body.
ISBN:	1484393937 9781484393932
Notes:	Print version record.
Summary:	The Belarusian economy is in a cyclical recovery, inflation is at historically low levels and the exchange rate has been broadly stable. Although macroeconomic policy frameworks have improved, there is a need to reduce deep seated vulnerabilities such as rapidly rising public debt, high dollarization, and limited trade and financing diversification. In addition, reforms of the large state-owned enterprise sector are critical to tackle inefficiencies and increase potential growth. Risks ahead are elevated; notably, Belarus could lose significant oil-related discounts and transfers due to internal tax changes in Russia, but the authorities are confident of a successful outcome to the ongoing negotiations.

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