Last year net foreign direct investments into the real sector of Belarusian economy dropped by 75 per cent compared to 2011, according to recently release figures of the Belarusian Statistics Committee. The pretext for sentimental patriots to moan is another reason...
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...
Belarusians in their modern history saw two major economic crises. The first followed the collapse of the Soviet Union in early 1990s and the second was in 2011 when many thought the Belarusian economy would crumble. The 2011 currency crisis and inflation dramatically changed well-being of Belarusians. Consumer...
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...
Each time the Belarusian economy hits a bump experts start to predict a forthcoming full-scale privatisation in Belarus. The logic is simple: when the level of subsidies from Russia diminishes and...
Belarus will need to pay over $3 billion this year to serve its mounting external debt. This payment is more than twice than in 2012. In the absence of significant foreign investments and additional Russian subsidies, Belarusian authorities may have...
About a thousand Belarusains received an unusual anonymous SMS text on 4 January. According to the message the National Bank of Belarus had secretly decided to devalue the national currency by more than 60%. It was predicted that the new...
The currency crisis of 2011 has revealed the limits of the Belarusian economic model. On the one hand, it became obvious even to the most conservative government officials that changes in economic policy are required. On the other hand, the...
650 thousand Chinese will be building an industrial park near Minsk and they have already obtained working visas. Yaraslau Ramanchuk – an ex-candidate for Belarusian presidency – has received this information from his own sources of information. Gazeta.ru, major Russian online media, also mentioned...
On December 19 summits of the CSTO, the Eurasian Economic Community and the Customs Union will take place in Moscow. The agreement on oil supplies in 2013 is expected to be concluded during negotiations in Moscow between Lukashenko and Putin at the end of...
On 22 November, Alexander Lukashenka met with Putin`s protégé and head of the Gazprom directive board Alexey Miller. During the meeting, Miller presented a program on how Gazprom will develop the Belarusian gas infrastructure and make new investments into the economy. Gazprom...
The Belarusian government is becoming increasingly dysfunctional. It finds it more and more difficult to perform its daily tasks without resorting to administrative force. This is the major implication of the unprecedented decree that Alexander Lukashenka signed on 7 December. The...
Today a Belarusian delegation which included the Minister of Finance of Belarus Andrey Kharkavets and the Minister of Economy Mikalai Snapkou arrives for a three-day visit to Singapore and Hong Kong. They plan to arrange a road show to market...
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...
