Country Economic Forecasts - Belarus
GDP growth recovered to 2.4% last year (after a 2.5% fall in 2016) and inflation returned to single digits, helped by export recovery and tight wage control. And the pace of growth is forecast to pick up further in 2018 to 3.2%, despite real currency appreciation and tight monetary conditions, before dropping back around 2% in 2020-21. But a renewed rise in inflation in the coming years will make it hard to keep the BYR stable without mounting external debt.
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