Republic of Belarus : 2013 Article IV Consultation and Fourth Post-Program Monitoring Discussions.

The economic model of Belarus is increasingly untenable, resulting in poor policy outcomes. Strong and predictable macroeconomic policies are essential to promote stability. A further reduction in directed and subsidized lending operations is needed. The National Bank of the Republic of Belarus (NBR...

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Bibliografiska uppgifter
Institutionell upphovsman: International Monetary Fund. European Dept
Materialtyp: Tidskrift
Språk:English
Publicerad: Washington, D.C. : International Monetary Fund, 2013.
Serie:IMF Staff Country Reports; Country Report ; No. 2013/159
Länkar:Full text available on IMF
Beskrivning
Sammanfattning:The economic model of Belarus is increasingly untenable, resulting in poor policy outcomes. Strong and predictable macroeconomic policies are essential to promote stability. A further reduction in directed and subsidized lending operations is needed. The National Bank of the Republic of Belarus (NBRB) should tighten liquidity and stand ready to take further measures to ensure disinflation. Banking supervision has improved, but high foreign exchange lending growth poses risks. Strong structural reform remains critical to achieving higher sustainable growth. The Development Bank should be used to facilitate broader financial sector reform.
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Fysisk beskrivning:1 online resource (57 pages)
Materialtyp:Mode of access: Internet
ISSN:1934-7685
Tillgång:Electronic access restricted to authorized BRAC University faculty, staff and students