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Report

Belarus economy started stabilizing in the first quarter of 2017 supported by exports and sectoral output growth.

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New Country Manager

World Bank introduces Mr. Alex Kremer, the new Country Manager for Belarus.

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Global Economic Prospects

Growth in Europe and Central Asia continued to pick up, with commodity exporters and importers alike achieving recovery.

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Belarus in Figures

Find data and facts about the country's development progress.

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The economy continued to decline due to weakness in exports and final consumption. The contraction has put pressures on external and fiscal accounts as large public debt repayments come due in 2017. Economic recovery is expected to remain modest and gradual as negative feedback loops would continue to subdue domestic demand, while weak labor market could further deteriorate household incomes. Necessary adjustment measures and accelerated reforms are necessary to improve market expectations and mobilize investment for sustainable recovery. Read more...

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Experts

Satu Kahkonen

Country Director for Belarus, Moldova, and Ukraine

Alex Kremer

Country Manager for Belarus

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Country Office Contacts

Minsk, +375-17 359-19-50
6 Rumyantseva Street, 220034 Minsk, Belarus
binfo@worldbank.org