of October 3, 2016 No. 359
About approval of the Main directions of monetary policy of the Republic of Belarus for 2017
1. Approve the enclosed Main directions of monetary policy of the Republic of Belarus for 2017.
2. To provide to National Bank together with Council of Ministers of the Republic of Belarus accomplishment of the Main directions of monetary policy of the Republic of Belarus for 2017.
3. This Decree becomes effective since January 1, 2017.
President of the Republic of Belarus
A. Lukashenko
Approved by the Presidential decree of the Republic of Belarus of October 3, 2016 No. 359
1. Monetary policy in 2017 will keep succession and will promote the sustainable and balanced development of economy of the Republic of Belarus by means of maintenance of price stability.
Decrease of the inflation rate, measured by consumer price index, to 9 percent (December, 2017 by December, 2016) will become main objective of monetary policy in 2017.
2. In 2017 carrying out monetary policy in the mode of the monetary targeting providing control over the cash offer will continue. As intermediate reference point of monetary policy the wide money supply, as operational - ruble monetary base will still be used. The surplus of average wide money supply is predicted at the level of 14 percent plus-minus of 2 percent points (December, 2017 by December, 2016).
3. Realization of the course policy providing limited participation of National Bank in the course of forming of the national currency rate will continue. Its dynamics will develop under the influence of fundamental macroeconomic factors and measures economic, budget and tax and monetary the politician.
Disclaimer! This text was translated by AI translator and is not a valid juridical document. No warranty. No claim. More info
Database include more 50000 documents. You can find needed documents using search system. For effective work you can mix any on documents parameters: country, documents type, date range, teams or tags.
More about search system
If you cannot find the required document, or you do not know where to begin, go to Help section.
In this section, we’ve tried to describe in detail the features and capabilities of the system, as well as the most effective techniques for working with the database.
You also may open the section Frequently asked questions. This section provides answers to questions set by users.