Belarusian Yearbook 2017

Belarusian Yearbook 2017 presents a comprehensive analysis of the key developments in the main sectors of the state and society in 2016. Further immersion into recession, parliamentary election, normalization of the relationship with the West amid growing confrontation with Russia – these are the main processes that determined last year’s political agenda. Because there will be no automatic exit from the recession, in 2017, experts forecast that it will continue and, possibly, grow even deeper. The existing economic conditions are serious preconditions for implementing institutional reforms; however, forecasts are very cautious about these reforms, since the government’s medium-term planning still rests on its faith in the improvement of the regional economic situation and taking out new loans.