Belarusian Economic Research and Outreach Center

Economic Outlook - Fourth Quarter 2016

BEROC presents the Economic Outlook - the Fourth Quarter 2016. The Outlook is published on a quarterly basis starting from 2017.

In this Economic Outlook we analyse the adjustment to structural recession:

  • Structural adjustment is in progress
  • Debt challenges vitalize
  • Households have to cut consumer expenditures more actively
  • First signals of monetary environment stabilization
  • New steady-state in external environment?
  • Real wages flattened out, but employment is shrinking