World Bank In Belarus

The World Bank In Belarus

Stronger domestic demand and increased exports helped GDP growth accelerate over two straight quarters to 4.5%, putting the economy on track to expand by expected 3.8% in 2018. But the challenge is to find ways to propel the ongoing cyclical recovery into a structural recovery.

Featured

Publication

Belarus Economic Update

The latest Economic Update outlines the economic situation in the country and medium-term development prospects.

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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Private Sector

Doing Business in Belarus: Training for Reform

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...