recession | BelarusDigest

recession

Does Belarus have a working plan to withstand sanctions?

Since the 2020 political crisis began in Belarus, the EU, the UK, and the US enacted targeted sanctions against Belarusian officials and government-linked businesses. These sanctions did not aim at the economy as a whole. Experts did not expect...

21 September 2020

Daily protests and repressions, international reaction, Coordination Council – Belarus Civil Society Digest

For over 40 days, starting from August 9th, Belarusians continue daily peaceful protests. The most massive rallies on Sundays continue to gather hundreds of thousands of people in Minsk, despite the increasing brutality by the police. Lukashenka keeps pushing...

10 September 2020

Economy in recession, protests continue despite repressions – Belarus civil society digest

For a whole month, starting from August 9th, Belarusians continue daily protests demanding new presidential elections. The traditional Sunday’s rallies gather hundreds of thousands of people in Minsk and thousands in regions. Last Sunday, on September 6th, for the first time,...

30 August 2016

Testing the Limits of Investment Crisis – Belarus Economy Digest

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...

6 November 2015

Progressing Recession Deteriorates Quality of Debts – Belarus Economy Digest

On 27 October, the Belarusian statistical office released revised GDP data. The government actually bets on a quick revival of the economy and bails-out some firms and industries through expanding its own debt. However, this in turn creates a potential...

29 April 2015

Belarusian Economy Creeping into Recession

The first quarter of 2015 displayed a number of distressing trends in Belarusian economy. The adjustment of the exchange rate has not secured the restoration of competitiveness. Furthermore, the government has to resort to conservative policies for mitigating structural weaknesses. The economy...