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4 Nov 2015

IMF mission to visit Belarus 9-19 November

MINSK, 4 November (BelTA) – An International Monetary Fund (IMF) staff team will visit Belarus on 9-19 November, BelTA learned from the IMF Resident Representative Office in Belarus.

The team will be led by Peter Dohlman, IMF Mission Chief for Belarus.

BelTA reported earlier that following the request of Belarusian authorities an IMF staff team led by David Hofman visited Minsk on 8-15 July 2015 to discuss the authorities’ policies and reform plans, including with a view to assess if those had strengthened sufficiently to be supported by an IMF arrangement.

The International Monetary Fund (IMF) is an international organization headquartered in Washington, DC. It was founded on 27 December 1945. Belarus has been an IMF member since 1992. The country's quota stood at 386.4 million SDR ($542.1 million) at the beginning of 2013. IMF's activities in Belarus are aimed at working together with the government and the National Bank in preparing economic policy documents with a focus on taxation, budgeting, monetary management, exchange rate, and trade policy in order to achieve considerable economic growth, low inflation and a stable balance of payments.

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