PROJECT

Projects

Summary of Advisory Services Project Information

Project Number

599846

Primary Business Area

Global Practice - Trade & Competitiveness

Disclosure Date

Aug 18, 2014

Country

Belarus

Region

Europe

IFC Approval Date

Jun 27, 2014

Status

Completed

Estimated Total Budget

$3,326,000.00
(Project budget includes all project-funded activities)

Last Updated Date

Mar 8, 2022

Project Estimated End Date

Jun 30, 2017

Project Description

The project will provide support to the government in developing the private sector in Belarus as the critical driver of sustainable economic growth and employment. The project objective is to improve the legal and regulatory environment as well as implementation of the regulations, to enable growth of the MSME sector and its contribution to GDP. The project also aims to increase private sector competitiveness and export potential. This can be achieved by reducing administrative inefficiencies, optimizing procedures, and harmonizing requirements with internationally accepted practice.

Development Results

E&S Risks / Impacts and Mitigation