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for the planned transition to inflation targeting, including further development of financial markets, reducing market distortions (specifically fiscal dominance), and further strengthening the NBB’s operational capacity and independence," the IMF said in a statement following the lender's mission visit to the country to conduct the Article IV consultation
4.3 Fixed investment
Belarus -Fixed capital investment 2011 2012 2013 2014 2015 2016 2017*
Fixed capital investment change y/y
18 -12 9 -5.7 -15.5 -16.7 -16.7
GDP: Gross fixed capital formation, (USD mn) 22,372 21,342 27,376 26,004 16,091 12,192 8,873 (Jan-Sep)
Gross Fixed Capital Formation in Belarus decreased to BYN4188mn in the first quarter of 2018 from BYN7130.10mn in the fourth quarter of 2017.
Gross Fixed Capital Formation in Belarus averaged BYN5450.98mn from 2014 until 2018, reaching an all time high of BYN8861.40mn in the fourth quarter of 2014 and a record low of BYN3540mn in the first quarter of 2017.
14 BELARUS Country Report October 2018 www.intellinews.com