World Bank In Belarus

The World Bank In Belarus

The economy started to stabilize in the first half of 2017 and grew modestly, ending a two-year long contraction. Real GDP grew 1.1% year-on-year (y-o-y) in the first seven months of 2017, in sharp contrast to the 2.7% decline y-o-y in the same period of last year.

Featured

Small and Medium Enterprises

Access to Finance

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

New Country Manager

Alex Kremer

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

Report

Belarus Economic Update

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

Belarus At-A-Glance

After two years of recession, Belarus’ economy has started to grow modestly. In the medium term, economic growth is expected to remain weak despite improved external conditions, as structural bottlenecks persist and domestic demand remains subdued. Large external financing needs and bad debts to banks continue to pose risks.

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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Report

Belarus: Enhancing Border-Crossing Time Release Studies to Support Trade Facilitation Reforms

Profile

Belarus Disaster Risk Profile

Doing Business 2017

Equal Opportunity For All - Belarus Profile

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...