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How to Make Belarusian Privatisation More Sensible
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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...
12 January 2013
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SMS Devaluation

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...

27 December 2012
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Belarus Economy in 2012: Low Growth and Fragile Stability

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...

21 December 2012
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Chinese Enclave in the Heart of Belarus?

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...

18 December 2012
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Belarus – Russia: Negotiations on Oil Donations

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...

14 December 2012
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Russian Monologue on Modernisation

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...

12 December 2012
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The New Serfdom in Belarus

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...

27 November 2012
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Belarus Seeks Money to Serve Its Mounting External Debt

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...

23 November 2012
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Innovations in Belarus: When Dreams Come True

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...

16 November 2012
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Belarus Announces Pull Out from Latvian and Lithuanian Ports

Alexander Lukashenka announced a re-orientation of Belarusian export cargo streams from Latvian and Lithuanian ports to Russian ports. The announcement came on 9 November at a meeting with the Governor of Russia's Leningrad region.  Belarusian authorities have started a new round...

15 November 2012
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Foreign Investments Weaken the Belarusian Regime

Today the Belarus Investment Forum opens in Minsk. In recent years, Belarus has significantly improved its ranking in the Doing Business Report of the World Bank Group. This year it climbed two places, and on two parameters even made...

13 November 2012
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Belarusian Politicians Do Not Care About the Economy

The Centre for Analytical Initiatives of the Liberal Club in Minsk has recently presented the second edition of its research project - Index of Economic Adequacy of Belarus. The researchers found that the vast majority of Belarusian politicians (both pro-government...

24 October 2012
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Belarus Investment Climate After Spartak and Kommunarka

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...

18 October 2012
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Lukashenka Is Seeking More Subsidies from Putin

The release of Belarusian political prisoners Siarhiej Kavalienka and Paval Syramalotau in late September does not mean that everyone should expect a quick release of all other prisoners of conscience. The authorities stepped up pressure on Ales Bialiacki, Zmicier Dashkievich and...

11 October 2012
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Belarusian External Debt: State Gains, People Pay

There are less than three months left until 2013, the year when Belarus will have to pay out $3.1bn of its external debt. Whether the government will manage to handle this challenge is still unclear. The Belarusian economy has not...