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The Costs of the Economic Downturn – Digest of Belarus Economy

On 6 May 2016 the Chairman of the Board of the National Bank of Belarus (NBB) Pavel Kallaur disclosed the long-suspected information about problems in the banking system. Two weeks later, the Prime Minister Andrei Kobyakov has called for market-based...

12 March 2010

Common Currency for Belarus, Kazakhstan and Russia: as Far as It Has Always Been

Several observers say that the introduction of a common currency should be the next step of the integration of Belarus, Kazakhstan and Russia. The three countries have recently created a customs union and it is logical to assume that...

4 March 2010

Avigdor Lieberman’s Murky Dealings in Belarus Unveiled

A loud scandal involving the foreign Minister of Israel and money laundering via Belarusian banks is unfolding. Ze’ev Ben-Aryeh, the former Ambassador of Israel to Belarus, provided Avigdor Lieberman, the...

28 December 2009

Naša Niva: Belarusian Economists from Western Universities Plan to Launch a Masters Programme in Belarus

An interview with Michail Holasaŭ (Mikhail Golosov), a Belarus-born economics professor at Yale University. The initiative of these people is really worth admiration. It is very important for the Belarusian...

23 November 2009

The Times: Hugo Chávez defends the ‘bad guys’ of the world

Venezuelan leader Hugo Chávez tightens bonds with US foes: from Castro to Lukashenka, the influential British newspaper The Times states. Hugo Chávez defends...

28 August 2009

The IMF Asks the Belarus Government to Weaken its Grip over the Economy

WASHINGTON – Having concluded another round of consultations with Belarus authorities, the International Monetary Fund urges the Government to sell state assets, curb lending and raise...

11 June 2009

IMF to lend Belarus an additional $1 billion

Apparently, the IMF mission to Belarus was satisfied with the efforts the country is making to tackle its worst economic crises since early 1990-s. The fund agreed...