The first half of the year has shown clear evidence that the Belarusian economy needs better incentives to revive its industrial strengths. In July the authorities announced their plans to provide financial assistance to several "giants" of industry. However, this...
According to the press release published by International Monetary Fund on 19 May the possible losses for the Belarusian economy in 2015 will amount 2.3 per cent of the GDP and $2bn of its foreign exchange reserves. The consequences of...
The main economic events for October in Belarus revolve around Russia: the ratification of the Eurasian Economic Union, the continued fighting over the re-export of banned European foodstuffs to Russia, and, finally, an argument over Russia’s oil tax manoeuvre. Russia’s...
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...
The economy of Belarus is showing signs of rising levels of output with most industries increasing their overall output figures throughout May. At the same time foreign and domestic investment demand are exhibiting signs of recovery. However, this recovery...
Aliaksandr Lukashenka returned from Moscow with victorious news ahead of V-Day. He convinced his Russian counterpart Vladimir Putin to issue a new $1.5-2b loan and to agree on a stage-by-stage reduction of oil export duties...
The year 2013 will probably go into the economic history of Belarus as a year when even the government officials acknowledged that the economy was stagnating, and there were no prospects for any quick economic growth in the years to come. The...
Over the recent months the rate of economic growth in Belarus has been gradually declining. For eleven months the GDP grew only by 0.9%. A decline in industrial production had a detrimental effect on economic growth. Despite the decrease in...
Events that unfolded in June brought about new challenges for the development of the business environment in Belarus. Possible changes to the law on privatisation will impact the attractiveness of state assets and raise concerns regarding the level of property...
Despite the united efforts of the government and the National Bank, the economy is growing very slowly. Belarus remains an economic wonderland.But if several years ago the growth rates were miraculous, today the miracle is the absence of growth under the...
This April economic growth in Belarus was nearly at the level of last year's, which still remains significantly below the official forecast. The financial sector showed certain stability but the situation with attracting foreign capital and the nation's privatisation prospects...
Amidst the snowy spring of 2013, the National Bank of Belarus finally gave up on its attempts to maintain macroeconomic stability and turned its attention to the real sector. The National Bank began carrying out a policy of providing...
The Belarusian government has announced its plans to modernise the national economy. However, the content of the policy package is far from clear. Given the experience accumulated by Belarus and other transition economies, there are reasons to warn about...
The Belarusian authorities count on the country's economic growth without taking into account dangerous trends in the demographic situation and its consequences for the labour market. These conclusions appear in a study made by economists of the IPM Research...
