Republic of Belarus : Technical Assistance Report-Monetary Policy Modeling.

The National Bank of the Republic of Belarus (NBRB) visited Minsk during for the seventh of the planned eight short-term technical assistance (TA) missions to help the NBRB enhance its modeling, forecasting and policy analysis capacity, and the forecasting and policy analysis system, sponsored by th...

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Співавтор: International Monetary Fund. Monetary and Capital Markets Department
Формат: Журнал
Мова:English
Опубліковано: Washington, D.C. : International Monetary Fund, 2020.
Серія:IMF Staff Country Reports; Country Report ; No. 2020/162
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Онлайн доступ:Full text available on IMF
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520 3 |a The National Bank of the Republic of Belarus (NBRB) visited Minsk during for the seventh of the planned eight short-term technical assistance (TA) missions to help the NBRB enhance its modeling, forecasting and policy analysis capacity, and the forecasting and policy analysis system, sponsored by the Swedish International Development Agency. The NBRB is reforming its monetary policy framework in line with recommendations of past IMF TA missions and its Road Map for Transitioning to Inflation Targeting with the aim of eventually adopting inflation targeting (IT). Transitioning to IT would require, among other strengthening the monetary policy forecasting and analysis system (FPAS) and better integrating the core quarterly projection model (QPM) into the decision-making process. The mission was mainly aimed at helping with reviewing the initial conditions and compiling a QPM-based forecast as a part of the NBRB's September forecasting round. The mission, in addition, worked on strengthening processes within the FPAS. 
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650 7 |a CR  |2 imf 
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650 7 |a Monetary Policy  |2 imf 
650 7 |a Near-Term Forecast  |2 imf 
650 7 |a QPM  |2 imf 
651 7 |a Belarus, Republic of  |2 imf 
830 0 |a IMF Staff Country Reports; Country Report ;  |v No. 2020/162 
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