outlook. High financing needs and low buffers leave Belarus highly dependent on external financial support. The risk of …

The economic model of Belarus is increasingly untenable, resulting in poor policy outcomes. Strong and predictable … needed. The National Bank of the Republic of Belarus (NBRB) should tighten liquidity and stand ready to take further measures …

In 2009–2017, economies of Armenia, Belarus, Kyrgyzstan and Tajikistan lived through periods of adverse external and … following the sharp depreciation of the Russian ruble, led to fast growth of public debt in Armenia, Belarus, Kyrgyzstan, and …, Belarus, Kyrgyzstan and Tajikistan in 2009 2017 has identified a number of problems that may have certain negative …