KEY ISSUES Context: Belarus’ economic model continues to make it highly vulnerable to economic shocks. This was …

Republic of Belarus: Selected Issues …

Belarus’ economic growth has been impressive in the last few years. Belarus’ economic program is designed to facilitate …

This paper discusses key findings of the First Review under the Stand-By Arrangement for the Republic of Belarus. All … international reserves target, which was missed by US$221 million. A sharp fall in demand for Belarus’s exports and a worsening of …

This technical note on deposit insurance on the Republic of Belarus explains the status of the deposit insurance system … separate National Bank of Belarus (NBB) resolution. Reforming a deposit insurance scheme raises the issue of how to achieve a … nondisruptive transition. Independently of whether Belarus chooses to follow a step approach or provide coverage while it reforms …

This technical note on Transparency of Monetary Policy on the Republic of Belarus highlights the open process for … formulating and reporting of monetary policy discussions. The National Bank of the Republic of Belarus (NBRB) displays a …

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

This Selected Issues paper on Belarus examines wage setting, the role of wage targets, as well as wage dynamics, and …

analysis starts with an overview of developments in Belarus’ external current account. The paper then examines various …

This paper reviews key findings of Belarus’s Financial System Stability Assessment, including Reports on the Observance …