Updated at 13:53,23-12-2024
The moment of truth: digest of Belarus economy
On 16 February 2016, President Alexander Lukashenka announced zero tolerance for structural reforms being proposed by the government. read more 
EFSD loan is unlikely to solve Belarus problem with international reserves
If Belarus signs a loan agreement with the Eurasia Foundation for Stabilisation and Development in 2016, she may count on USD 1.1 billion. Since June 2014, Belarus repays USD 88.3 million quarterly to the EFSD for the USD 2.56 billion loan. A new loan is unlikely to lead to an increase in gold read more 
Belavia in talks with lowcoster Flydubai
The Belavia Airline is in talks with the lowcoster from the United Arab Emirates, Flydubai, convincing it to start flying to Minsk. But so far no concrete decision was taken. read more 
IMF loan delayed for Belarus, talks to continue in April
Belarus expects to continue negotiations with the International Monetary Fund in Washington in April. Our country is still hoping to get a $3bn credit, senior deputy Minister of Economy Alyaksandr Zabarouski said on Thursday. It means that Belarus will not get the IMF credit this month. read more 
Belarusian bailout plan is unlikely to end recession
The Belarusian government is anticipating resuming economic growth by reducing cost production and diversification of exports. A new plan to improve economic efficiency has been developed due to the economic results in 2015 and negative trends persisting in January 2016. The plan is likely to fail read more 
State support is unlikely to help Belarusian cement industry
According to the State Control Committee, in recent years the state has allocated over USD 1 billion for the modernization and state support for the cement industry, however its production volumes have not increased. read more 
Bad debts of industrial enterprises to Belarusian banks will be masked through bonds
Belarusian Steel Works has issued bonds with total worth USD 240.5 million for a five-year maturity period at 7% per annum in order to refinance outstanding loans to the Belarusian banks. read more 
Russia forbids import of Liberian and Indian fruit and vegetables from Belarus
The Russian Agricultural Inspectorate has imposed new restrictions on fruit and vegetables supplies from Belarus. read more 
Recession prompts Belarusian government to policy change in relation to large private businesses
The Belarusian government attempts to counterweigh social and economic policies by applying different approach to private and public enterprises. read more 
Belarusian state will raise housing tariffs continuously, but moderately
Chairman of the Belarusian State Control Committee Anfimov said that before March 1st, housing and communal services tariffs would be recalculated downwards. read more |
