01811cas a2200241 a 4500 AALejournalIMF006266 230101c9999 xx r poo 0 0eng d 5.00 USD 9781451805345 1934-7685 BD-DhAAL BD-DhAAL International Monetary Fund. Republic of Belarus : Third Review Under the Stand-By Arrangement; Staff Report; Staff Statement; Press Release on the Executive Board Discussion; Statement by the Executive Director. Washington, D.C. : International Monetary Fund, 2010. 1 online resource (63 pages) IMF Staff Country Reports <strong>Off-Campus Access:</strong> No User ID or Password Required <strong>On-Campus Access:</strong> No User ID or Password Required Electronic access restricted to authorized BRAC University faculty, staff and students The staff report on Belarus' Third Review under the Stand-By Arrangement is examined. Belarus is beginning to emerge from the crisis. Output loss has been limited relative to neighbors, inflation has fallen, the foreign exchange market has stabilized, and de-dollarization is under way, which is likely a sign of returning confidence. However, the economy remains vulnerable to external shocks. The current account deficit remains high and reserves low, despite substantial support, including from the IMF. The authorities have taken measures to close a financing gap during the program period created by a shortfall in external financing. Mode of access: Internet IMF Staff Country Reports; Country Report ; No. 2010/031 Full text available on IMF http://elibrary.imf.org/view/journals/002/2010/031/002.2010.issue-031-en.xml IMF e-Library