OREANDA-NEWS. October 19, 2012. The International Monetary Fund (IMF) expects Belarus’ economy to expand by 4.3% in 2012 – an upgrade of 1.3 percentage points in comparison with the IMF’s April forecast, according to the new edition of the World Economic Outlook (WEO).

IMF experts released a forecast, which says that Belarus’ GDP could grow 3.4% in 2013.

According to the new forecast, Belarus inflation in 2012 may grow 27.6%, an upgrade from 38.4%. The inflation forecast for 2013 is set at 29.8%.

The current account deficit in Belarus in 2012 is expected at 3.6% of the GDP to compare with 10.5% of the GDP in 2011. The current account deficit for 2013 is seen at 5.8% of the GDP, an upgrade from 6.5% of the GDP.

The IMF’s unemployment forecast for Belarus for 2012-2013 is 0.6%.