Belarusian government unable to ensure economic growth above 3% per year until 2020
The Belarusian government plans to increase GDP by at least 10% in 2016 -2020. The new five-year development programme has reduced quantitative parameters to a minimum due to past implementation failures. Instead of expected growth, the Belarusian economy is likely to shrink due to the lack of read more
In Belarus, inflation over the period of 3 months amounted to almost a half of the year prognosis
Consumer prices in Belarus over the period of January-March 2015 have risen by 5.7 per cent while the yearly forecast is 12 per cent. read more
Belarus' 9 commercial banks finished 2015 in the red
A total of 9 commercial banks in Belarus finshed the year of 2015 in the red, Belarusbank standing out with Br320.8 billion in losses just in the final quarter of last year, reports Business News. The list of loss-making banks also includes MTBank, RRB-Bank, N.E.B. Bank. read more
Belarus and Russia fail to agree on gas prices, negotiations continue
The negotiations will continue, Russian vice PM Arkadi Dvorkovich said. read more
Current inflation in Belarus much higher than expected
Compared to February 2016, the March 2016 goods and services price index rose by 0.8%. Compared to December 2015 the increase was 5.7%, the National Statistics Committee reports. read more
Lithuania set to bar Belarusian nuclear-generated electricity from Baltic markets
Lithuania is exploring the possibility of denying access to the Baltic countries markets for electricity to be generated by the Belarusian Nuclear Power Plant, Lithuanian Deputy Energy Minister Vidmantas Macevicius told a group of Belarusian and Lithuanian reporters in Vilnius on Monday. read more
Belarus lost $1 billion over EU-Russia sanctions row - Makei
Due to the sanctions and counter-sanctions between the EU and Russia, Belarus has lost $1 billion, said Minister of Foreign Affairs of Belarus Uladzimir Makei on Friday, 8 April. read more
Gazprom rejects Belarus’ request for gas price cut
Gazprom finds it “inexpedient” to reduce the price of natural gas supplied to Belarus, Valery Golubev, deputy chairman of the Russian state-owned gas giant, said on April 9. read more |