Belarus; Recent Economic Developments

This paper reviews economic developments in the Republic of Belarus during 1994â€“96. After several years of efforts at structural reform and stabilization during which little progress was made, following presidential elections in mid-1994, the authorities adopted a wide-ranging adjustment program aimed at reducing inflation, increasing the market orientation of the economy, and creating the conditions for a resumption of economic growth. The reform program was reinforced in the first half of 1995, and key macroeconomic data for 1995 show that the program has had some success.

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Year of publication:	1996-09-23
Institutions:	International Monetary Fund (IMF) ; International Monetary Fund
Subject:	Article IV consultations \| Economic conditions \| commercial banks \| banking \| foreign exchange \| foreign currency \| national bank \| net foreign assets \| banking sector \| banking system \| working capital \| bank credit \| fixed capital \| bank deposits \| banks ? assets \| tax system \| fixed assets \| bankruptcy law \| capital adequacy ratio \| reserve ratio \| bankrupt \| direct investment \| capital adequacy \| real interest rates \| taxable income \| interest payments \| excess liquidity \| gross fixed capital formation \| capital expenditure \| bank financing \| bank lending \| tax rate \| foreign direct investment \| revenue source \| interbank market \| foreign investment \| banking supervision \| reserve requirement \| foreign capital \| tax revenue \| cross subsidization \| banking account \| interest income \| capital requirement \| bank account \| recapitalization \| bank loan \| banking sector developments \| import duty exemptions \| monetary authority \| credit policy \| bankrupt bank \| investment decisions \| bank deposit \| foreign exchange market \| deposit guarantee \| tax liability \| depreciation allowances \| accounting system \| banking activities \| investment credit \| bank profit \| bank accounts \| state enterprise \| domestic liquidity \| investment fund \| bank branches \| banks ? loans \| investors \| loan classification \| bank staff \| domestic competitors \| banks ? loan \| tax relief \| authorized capital \| credit markets \| holding company \| segmentation \| bank portfolios \| share capital \| savings bank \| foreign capital flows \| banking practices \| credit policies \| bank research \| banknotes \| deposit insurance \| bank capital \| revenue sharing \| registration procedures \| bankrupt banks \| level playing field

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Extent:	application/pdf
Series:	IMF Staff Country Reports.
Type of publication:	Book / Working Paper
Notes:	The text is part of a series IMF Staff Country Reports Number 96/99 16 pages long
Source:	RePEc - Research Papers in Economics

Persistent link: https://www.econbiz.de/10005252624