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Belarus: Recent Economic Developments
Author:
International Monetary Fund
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Series:
IMF Staff Country Reports
Volume/Issue:
Volume 1998: Issue 108
Language:
English
Publication Date:
28 Oct 1998
DOI:
https://doi.org/10.5089/9781451805031.002
ISBN:
9781451805031
ISSN:
1934-7685
Pages:
183
Keywords:
ISCR; CR; U.S. dollar; first quarter; exchange rate; State budget; foreign exchange; trade balance; capital investment; fund staff estimate; Belarussian authority; minimum wage; Commercial banks; Credit; Exports; Directed credit; Baltics
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This paper reviews economic developments in the Republic of Belarus during 1996–98. Since 1996, the Belarusian authorities have sought to revive economic activity and raise living standards through the rapid expansion of credit and policies aimed at accelerating export growth, particularly to Russia. These policies led to the acceleration of officially measured economic growth, from close to 3 percent in 1996 to 10½ percent in 1997 and 12 percent during the first quarter of 1998 (year over year).
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Cover IMF Staff Country Reports
IMF Staff Country Reports
ISSN:
1934-7685
Publisher:
International Monetary Fund