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Autumn of tough economic decisions – digest of the Belarusian economy
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On 17 October 2016, new macroeconomic data from Belstat, Belarus's national statistical committee, indicated that this year's economic decline seems to have finally halted. The GDP stopped falling and foreign trade saw a slight revival. However, on 21 September the...
7 October 2016
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Money talks? Belarus’s quest for cash from the West

Speaking at the United Nations General Assembly in 2014, Belarus’s Foreign Minister, Uladzimir Makiej, criticised the imposition of “alien” political and economic models on his and other countries. He said that weaker states were given a choice: either they accept...

3 October 2016
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Russian oil blackout – digest of Belarus economy

On 14 September 2016 First Deputy Prime Minister of Belarus Vladimir Semashka announced that negotiations on oil and gas relations between the Belarusian authorities and Russia's main economic players had failed. Meanwhile, the oil crisis has cast further uncertainty on...

5 August 2016
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Is Belarus-China Cooperation a Pipe Dream?

On 20 June 2016 Belarusian president Aliaksandr Lukashenka held a meeting with vice-chairman and president of the Chinese CITIC Group Corporation Wang Jiong. The meeting seems particularly significant in light of Lukashenka’s planned visit to China in September 2016. The...

5 July 2016
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Hybrid War, Belarusians Want Change, Crisis Provokes Crime – Digest Of Belarusian Analytics

Paul Goble: Minsk fears that Moscow may organise hybrid war and color revolution in Belarus. 65.5% of Belarusians want changes, according to fresh IISEPS poll. BISS`s Meĺjancoŭ: Belarus-EU relations have good potential for slow sustainable development. Disappointment: economists...

18 May 2016
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Nuclear Power Plant, Overdue Loans, Ease of Canadian Sanctions – Western Press Digest

Western media focused heavily this month on the current state of Belarus’ economy and financial market. In addition, the anticipated removal of Canadian sanctions might serve as a stepping-stone for other Western nations to re-evaluate their current sanctions against...

4 December 2015
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2015 Annual Report, Russian Airbase, Economic Reforms – Ostrogorski Centre Digest

The economy of Belarus shows a long-term negative trend. The need for structural reforms looks obvious even within the elite, and this need for structural reforms is desired especially by international creditors. In the political and military realm, Minsk...

27 November 2015
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New Policies on Deposits, Waiting for Foreign Money – Digest of Belarus Economy

On 20 November 2015 Belstat, the official statistical body, released the updated macro-economic statistics. Disappointing figures on exports and manufacturing suggest that the economic downturn in Belarus continues. However, on 11 November 2015 the National Bank of Belarus announced reforms...

25 November 2015
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Economic and Financial Reforms, Defensive Military Strategy – Western Press Digest

Belarus's economy continues to shrink, and the government tries to sell proposed reforms for financial support from international organisations. Meanwhile, the IMF notices "considerable progress" in discussing reforms and the World Bank puts forward its vision of the reforms...

19 November 2015
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IMF Negotiations, Denomination, Drunk Cossacks – Belarus State Press Digest

The Belarusian leadership negotiates reform plans with the IMF mission and is ready to gradually introduce more market-oriented policies. The new denomination of the national currency will bring in new banknotes in 2016, and Belarusian coins will appear for...