On 16 February 2018 Belstat, the official statistical body of Belarus, announced that GDP growth for the first month of the year had reached a new high, surpassing the previous month’s record. Meanwhile, the Heritage Foundation’s statement on 5 February...
On 17 November 2017, the official statistical body of Belarus, Belstat, announced that GDP growth for ten months of the year has reached a new high outscoring the previous month’s record. However, state-owned enterprises are still unable to significantly...
On 26 September 2017, Belarusian officials declared plans for the liberalisation of the economy by developing a new decree on freeing up Belarusian entrepreneurship. Moreover, on 28 September, the First Deputy Prime Minister of Belarus Vasily Matyushevsky announced the...
On 25 August 2016 the National Statistic Committee of Belarus (Belstat) publicised new macroeconomic data for July, which showed that the economy is suffering from a lack of investment flows. Meanwhile, according to the National Bank of Belarus the continuing...
In recent weeks, Belarus managed to noticeably upgrade the level of its relations with EU countries. However, the ministerial-level meetings have been limited to Belarus’ long-time sympathisers in Europe (Hungary and Slovenia) as well as its closest neighbours (Poland). The...
On 2 July Belarus witnessed a rather unusual show – 200 Chinese workers marched dozens of kilometres towards the city of Homiel in protest against wage arrears and poor working conditions. These foreign workers are currently employed by the...
On 9 July General Motors and JV Unison signed an agreement to assemble Chevrolet Tahoe and Cadillac Eskaleyd automobiles in the Minsk region. From the beginning of the year, several international fast food chains have announced a desire to open...
The Belarusian economy received the brunt of the Western press' attention in October. Belarus is apparently looking to continue exporting sanctioned EU foodstuffs to Russia, while Russia is trying to stop it from entering the country. The IMF is...
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...
On 13 March, Belarus hosted a high level guest – Serbian president Tomislav Nikolić. Nikolić and Serbian businessman Dragomir Karić symbolically launched a new construction project near national library. Today Serbian company Astra Investment is one of the largest investors in...
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...
In the recently released state budget of Belarus for 2013, support of science features among the top priorities. This could signify a change of policy because for years state financing of science has been unacceptably low. Even with the increase in...
According to Doing Business 2013, Belarus is now on the highest level in its history. It occupies the 58th place out of 185 countries. Last year the World Bank named it among the quickest reformers on the way to the...
Belarusian government recently reaffirmed its desire to become a top-30 nation in the World Bank’s Doing Business Report. To assess how well local authorities across the country pursue this goal a number of Belarusian organisations organised a special competition –...
