ECONOMY
Belarusian economy maintains stable positive dynamics
... stated by Belarusian First Deputy Economy Minister Andrei Kartun on April ... . According to Andrei Kartun, the economy remains stable and positive: the ... , and milk,” the First Deputy Economy Minister noted. Trade is also ... per cent,” the First Deputy Economy Minister added. Mr. Kartun stressed ... that the economy is supported by increased sales ... with effective work of the economy, allows for a high level ...
17.04.2024Belarus , economy , dynamics , Kartun
Expert: Belarus’ economy successfully adapted to new conditions
Despite harsh sanctions, Belarus has outpaced its closest neighbours in economic growth rates in 2023 and 2024, while also demonstrating results above the world average figures – as noted by Doctor of Physical and Mathematical Sciences, Honoured Scientist of Belarus and Professor at the Belarusian State University’s Department of Analytical Economics and Econometrics Mikhail Kovalev “Despite all the restrictions imposed by the collective West, Belarus has positive changes in its GDP growth and ...
17.04.2024Belarus , economy , GDP , sanctions , growth
Germany described von der Leyen’s leadership of EU as ‘lost years’
... ‘potential growth’ of the German economy. “The first necessary step is ...
17.04.2024Germany , economy , EU
Russian governor: Belarus’ goods in Primorsky Krai replace products of unfriendly countries
... crucial for us, strengthening our economy and enabling our ports and ...
10.04.2024Belarus , Russia , Primorsky Krai , co-operation , economy
Deputy Foreign Minister: by late 2024, Belarus should increase its supplies to Russia by 7.6%
In 2023, Belarusian exports to Russia grew by more than 9 percent to reach an impressive $25bn for our country. In his talk with the Belarus 1 TV channel, Belarus’ Deputy Foreign Minister Igor Nazaruk gave his forecast for exports to Russia in 2024 and assessed bilateral co-operation. “It is not so much me or the Foreign Ministry who have forecasts, but rather Head of State Aleksandr Lukashenko, who approved clear parameters for the country’s socio-economic development for 2024 by signing a ...
05.04.2024Belarus , Russia , Nazaruk , economy
The facets of social justice
... , Aleksandr Lukashenko, “A socially oriented economy has been the foundation of ... negative conditions affecting the global economy show no signs of disappearing ... to the statement of Deputy Economy Minister Tatiana Brantsevich, the Gini ... Belarusian oppositionists about the Belarusian economy. Based on the official statistics ...
03.04.2024economy , inequality , social , justice , gap
Economy Minister: Belarus ready to promote Iranian investors’ initiatives
... projects – as stated by Belarus’ Economy Minister Yuri Chebotar during his ... reports with reference to the Economy Ministry’s official website Photo ... : www.economy.gov.by Yuri Chebotar noted ... wide range of issues. The Economy Minister underlined that Iran is ... the work of the Belarusian economy under external pressure, stressing that ...
29.03.2024Belarus , Iran , Chebotar , economy , co-operation
National Bank CEO: Belarus’ enterprises don’t have significant problems in conducting cross-border payments
... very difficult challenge for our economy, since there have indeed been ...
28.03.2024Belarus , Kallaur , National Bank , economy , cross-border payments
Kallaur: pace of bank lending to economy outpaces GDP growth
... the normal functioning of our economy, Chairman of the National Bank ... for further lending to the economy,” explained Pavel Kallaur. “We have ... is very important, because the economy needs long-term resources used ... pace of lending to the economy, “Last year, both enterprises and ... in banks’ demands on the economy was 19 percent (I’m ... pace of lending to the economy is outpacing GDP growth, indicating ... we should not allow the economy to become unbalanced at the ...
28.03.2024Kallaur , Belarus , economy , National Bank
National Bank CEO: Belarus’ enterprises adapted to external shocks over past three years
... the most difficult ones, the economy will work, and the only ...
28.03.2024kallaur , economy
Expert on collective West’s economic narrow-mindedness
... against the stability of the economy, the finances of the national ... sanctions could be on our economy.” However, it didn’t work ... the country’s leadership, “The economy mobilised its efforts, began to ...
27.03.2024Avdonin , economy , West , Europe
Moving along the steady growth trajectory
... trends prevail in the Belarusian economy ALEKSANDR KULEVSKY Last October, ... appointment of Yuri Chebotar as Economy Minister, on January 4th, ... forecasts of skeptics, the domestic economy continues to develop dynamically. ... plan. First Deputy Minister of Economy Andrei Kartun ALEKSANDR KULEVSKY “ ... noted First Deputy Minister of Economy Andrei Kartun. “Two drivers ... the First Deputy Minister of Economy pointed out. External contour As ... According to the Ministry of Economy, sales to Asian countries, ...
27.03.2024Belarus , economy , growth , GDP , Kartun
Expert: new global financial architecture will be formed regardless of US economic problems
Many parties in the world are tired of the long-term Western hegemony: the sanctions policy, the organisation of barriers to energy supplies, and the destruction of existing logistics routes. The countries of the ‘golden billion’ now face high inflation, a decline in industry and investment, a decrease in the standard of living of their population, and an increase in social tension. In recent times, the US Dollar has experienced a serious blow: an increasing number of countries are switching to ...
14.03.2024dollar , economy , Kovalev , opinion
The South Pole of attraction
... existing crisis in the global economy by increased military spending ... . Nevertheless, such a war economy allows supporting GDP growth only ... 10 world’s fastest growing economies last year, according to TradingEconomics ... country considering its export-oriented economy. With the assistance of our ... material export model of African economies makes them extremely dependent on ... development of new sectors of economy and the implementation of ... promising driver of the global economy. Yet, only those countries ...
12.03.2024Belarus , Africa , co-operation , economy , geopolitics
Powerful forward movement
Safety, eco-friendliness, innovation, design aesthetics — what other aspects BELAZ focuses on The road in the automotive industry of this technologically advanced and powerful auto giant, which can be compared to the symbol of Belarus — the bison, was not always so smooth. The company experienced ups and downs. Still, even in the difficult 1990s, thanks to the President’s support and talent of the plant’s leadership, BELAZ not only did not sink into oblivion, but even entered a new stage. It ...
12.03.2024BELAZ , economy , industry , quality , development
Opinion: Belarus moving towards export diversification
Western sanctions against Belarus and Russia, including secondary restrictions imposed against a number of Central Asian countries, cause certain tensions in the multilateral interaction of the EAEU. Director of the Centre for European Integration, political scientist Yuri Shevtsov shared his opinion whether this affects the process of economic integration of the ‘five’ states. “Of course, it affects because the collective West – represented by the European Union – squeezed Belarus out of a very ...
06.03.2024Belarus , economy , export
MAZ is building a new bus factory
Minsk Automobile Plant (MAZ) is entering a new stage of development. It has launched the construction of a new bus factory, where passenger buses will be produced under the most advanced technologies. In the near future, residents of Belarusian and Russian cities will be able to appreciate the quality and comfort of new transport. Aleksey Vyazmitinov MAZ started the production of city buses back in 1992. For the first time in the former USSR, a passenger car was made according to a modern ...
05.03.2024MAZ , economy , electric , bus , factory
Rogozhnik: Industry Ministry to focus on African and Asian markets
Diversification of export supplies is currently the main task facing the Industry Ministry – as noted by Belarus’ Industry Minister Aleksandr Rogozhnik “Last year we did well both in terms of production volumes and exports. At the same time, deliveries to Russia accounted for more than 90 percent of total exports. Over the last three years, we have expanded exports for almost all groups of goods. However, diversification is the main task set nowadays by both the President and the Government. We’ ...
01.03.2024Belarus , Industry Ministry , economy , Rogozhnik
The welfare matrix
... measures aimed to support the economy, normalise the situation on the ... . The logic is simple — stable economy and positive dynamics ensure higher ... Living Standards Forecasts at the Economy Research Institute of the Ministry ... of Economy. “In addition, the salary level ... . DIRECT SPEECH Deputy Minister of Economy Andrei Kartun, “The implementation of ... average. Salary growth in the economy is planned to be at ...
21.02.2024belarus , economy , welfare , household , income
They make it hot
How the businesslike character of Belarusian metallurgists is tempered In order to maintain a strong position in the market, the management and employees of the Belarusian Steel Works (BMZ trademark) needed to show an iron character. Due to sanctions, including personal ones, BMZ — the Management Company of the BMC Holding, is prohibited not only from exporting steel products to the EU, but also from using the transit corridor through these countries. The plant accepted the challenge and began ...
13.02.2024economy , production , BMZ , metallurgists
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