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Belarus has reduced poverty spectacularly, but future improvements in living standards require new economic policies.

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Interview with the Country Manager

Alexander Kremer, the new World Bank Country Manager for Belarus, spoke recently with a BELTA correspondent.

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Small and Medium Enterprises

A new project will help Belarusian private enterprises gain better access to finance.

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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