Reforms first: EU may help Belarus attract investment
The EU is ready to help Belarus invite foreign investors, but only if the country carries out thorough reforms, Vassilis Maragos, Head of the Unit at the Directorate-General for Neighbourhood and Enlargement Negotiations of the European Commission. read more
Government invites EBRD to prepare five companies for privatization
The Belarusian government has invited the European Bank for Reconstruction and Development (EBRD) to prepare five large state-owned companies for privatization, Francis Delaey, head of the EBRD office in Belarus, told reporters on September 27. read more
Every 20th Belarusian below poverty line
The recent data provided by Belarus’ National Statistics Committee show that the number of the poor in the country has increased. read more
Urgent help needed. IMF worried about Belarusian financial sector
Last week the International Monetary Fund and Belarus’ Central Bank published several reports on the state of the country’s financial sector. While the Belarusian side is being more discreet, the IMF experts underline the need for urgent additional measures to enhance financial stability. read more
Decline in wages: Belarusians becoming poorer
In August 2016, the average monthly wages was 750.3 Belarusian rubles (BYN), which is only 96.1% of the average wage in the same period last year. read more
IMF says Belarus needs to raise pension age to 65
The International Monetary Fund (IMF) has urged Belarusian authorities to continue the pension reform in order to eliminate the pension gap by 2022. read more
Investors wanted: Minsk Automobile Plant’s merger into Russian company removed from agenda
Minsk Automobile Plant (MAZ) is in search of investors, including those from Europe and China, Deputy Minister of Industry Henadz Sviderski said on Thursday at a press conference in Minsk. read more
Belarus GDP falls 3% since start of year
Gross domestic product figure continues to fall. read more
In return of loan: IMF wants Lukashenka to carry out reforms
Three months ago, representatives of the International Monetary Fund visited Belarus for the regular annual inspection of its economy. But the current visit is extraordinary; its objectives have not been announced either by the Belarusian authorities or by the Fund. read more
Belarusians working abroad send less money home
This may be due to falling wages. The figures came from National Bank. read more |