25 September 2014
Price increases for regulated goods and services, as well as the abolition of price regulations on meat had a stimulating effect on inflation in Belarus.
In the first half of 2014 a gradual reduction of Belarus' foreign currency reserves occurred as a result of significant foreign debt service payments. But over the summer this year external and internal borrowing and foreign...
03 July 2013
Belarus officially proclaims itself “a state for the common people” that allegedly puts an emphasis on the interests of the lower social strata. Initially Alexandr Lukashena played the role of an egalitarian leader working for the good of common people. His career began in the Perestroika era with anti-corruption “struggle against benefits” of...
13 February 2013
Belarusians in their modern history saw two major economic crises. The first followed the collapse of the Soviet Union in early 1990s and the second was in 2011 when many thought the Belarusian economy would crumble. The 2011 currency crisis and inflation dramatically changed well-being of Belarusians. Consumer prices went up 108 percent within a...
- 17 December 2012
10 September 2012
In the last month the issue of diplomacy was the focus of the Belarusian authorities several times.
On 20 August Alexander Lukashenka appointed a new foreign minister, Uladzimir Makey, and on 1 September he inaugurated the brand new building of the Faculty of International Relations of the Belarusian State University. Although the building looks glamorous, the president spoke...