On 5 February, Lukashenka’s economic advisor Kiryl Rudy published his ideas in the National Strategy of Sustainable Social and Economic Development until the year 2030. A young economist with an academic background and experience working in China is supposed to transmit the Chinese...
According to official forecasts, an improved climate for foreign trade and accelerated economic growth await Belarus in 2014. The growth of the country's negative trade balance in 2013 created additional pressure on the foreign exchange market and the dynamics of its foreign reserves. Improving...
Beginning 1 July 2014, Belarusian authorities will forbid companies to produce, import or sell synthetic underwear. New regulations came from the Customs Union and show how Russia forces its partners to adopt Russia's own rules of the game. Belarus is stuck in the middle of the...
Belarus Digest will broadcast live open panel discussion in series “What Do Belarusians Think?” organised by the Eastern Europe Studies Centre (EESC, Lithuania) and the Belarus Research Council (BRC). The broadcast will start on 31 January at 2 pm...
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...
The Belarusian game World of Tanks has become one of the most profitable in the world, earning $372m in 2013. The game, with 60 million users, is only one instance that shows how Belarusian IT business is achieving considerable...
Earlier this year, Belarusian media published an interview with Belarusian oligarch Iuryi Chyzh. The businessman predicts problems with the Russian economy, supports the diversification of Belarusian enterprises and states that Russia is grabbing the biggest piece of the...
This year, Russia agreed to supply Belarus with discounted oil only for the next six months, rather than for the whole year. The size and conditions for further shipments will depend on Belarus’ participation in specific integration projects and the sale of several companies to Russia....
On 20 December, Deputy Prime Minister Piotr Prakapovich announced the need to accelerate the modernisation of Belarus. According to him, it was necessary to carry out not only its technical modernisation, but also its economic modernisation, including improving public administration system. But...
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...
On 13 December, Russian Prime Minister Dmitry Medvedev proclaimed that Russia and Belarus may introduce a single currency. Various officials from both countries have regularly proclaimed such intentions since 1993. There has been no result to these back and forth in the past...
The Belarusian IT industry has had a highly successful year. In 2013, the sector achieved a breakthrough in cooperation with public educational establishments. The IT companies hosted 7 new branches of technical universities, while the decision to found an...
While all eyes focus on Ukraine deeply stuck at crossroads choosing a proper direction, Eastern and Western donors zealously compete in Belarusian energy sector. In early November, the World Bank offered a $90m loan for the reconstruction of several Belarusian...
A nearly four month long “potassium war” between Minsk and Moscow has come to its logical conclusion. It has provided another example of Russia provoking Belarus' president and then quietly accommodating him. As Uralkali manager Vladislav Baumgertner found himself back in Moscow,...
