World Bank In Belarus

The World Bank In Belarus

The cyclical expansion continues, supported by improved external conditions and a recovery in industry. In 2017, the economy grew by 2.4% year-on-year, a rebound from the 2.5% contraction a year ago.

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Country Manager’s Blog

Pursuing Gender Equality

Has Belarus really succeeded in pursuing gender equality?

Video

Private Sector and Income Growth

Improving the private sector environment in Belarus is key to income growth.

New Strategy

Country Partnership Framework

The new Country Partnership Framework defines the directions of the Bank's partnership with Belarus during 2018–2022.

Belarus At-A-Glance

Belarus has pursued a gradual transition path, characterized by limited structural reforms and a modest expansion of the private sector. Policies have focused on upgrading state-owned enterprises with the help of subsidies and preferential loans through state-owned banks.

Overview

Data

Project

Public Financial Management Modernization Project

The objective of the project is to improve policy alignment of the budget, consolidate cash balances, improve budget transparency and lay foundations for implementation of an Integrated Financial Management Information System (FMIS).

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Research

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Economy

Belarus Economic Update — April 2018

Country Diagnostic

Belarus Systematic Country Diagnostic

Poverty Reduction

Poverty and Shared Prosperity in Belarus Over the Past Decade

Evaluation

Assessing the Impact of WTO accession on Belarus

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...