As of April 1st, 2016, VAT on telecommunication services were raised from 20% to 25% and VAT on passenger transport services were introduced. read more

Over BYR 200 trillion will be allocated from the state budget for the implementation of the Agro-business development plan for 2016-2020. read more

In an interview with news agency “RIA Novosti” Prime Minister of Belarus spoke about the reasons for the termination of the merger of MAZ and the Russian Kamaz. read more

As of 1 March, the foreign debt of Belarus amounted to 12.5 billion dollars. Since the beginning of the year, it has increased by $5.5 million (including exchange rate differences), or 0.04%. read more

Belarusian president Alyaksandr Lukashenka has questioned the advantages of Belarus’ entering the World Trade Organisation ‘in the current conditions’. read more

The World Bank has given Belarus a $10 million loan to improve its budget practices, including consolidating cash balances and improving transparency. read more

Half of Belarusian industrial enterprises were unprofitable at the beginning of the year – 809 organizations or 47.8%. There were 775 organizations or 45.8% last year, Belstat reports. The dead loss has totalled Br19.3 trillion roubles. It has decreased by 36.2% in comparison with 2015. read more

Russia has not decided to decrease the gas prices for Belarus yet, Deputy Chairman-Mgmt Board at Gazprom PAO Andrei Kruglov told journalists in Minsk on March 25. read more

In 2015, exports of IT services by HTP residents exceeded USD 700 million. The IT industry’s success is due to tax benefits, high quality of Belarusian specialists and limited abilities of the authorities to interfere with the industry. In 2016, amid expected export failures in other economic read more

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