ECONOMY



Foreigners invested $3.4bn in Belarus in three months

... the real sector of Belarus’ economy – as informed by the National ...

14.05.2022
economy , investment , statistics

China announced start of stress test for its economy

... comprehensive stress test of the economy and financial system to prepare ... logistics chains. Although the Chinese economy is less dependent on imports ...

06.05.2022
china , economy

Oil of the contaminated territories

Oil will be produced in the Bragin District for the first time New oil deposits and fields have been discovered in the Gomel Region in several zones of the Pripyat Trough. According to geologists, the hydrocarbon resource base would be replenished by more than six million tonnes. Moreover, this became possible largely due to the work that the oilmen carried out in the territories contaminated by the disaster at the Chernobyl Nuclear Power Plant. Photo by BELTA Work is already in full swing near ...

05.05.2022
Bragin , oil , economy

Attractive Union

Strengthening interregional co-operation, successful projects in construction and agro-industrial complex — the main topics of the meeting of the President of Belarus with Voronezh Region Governor Alexander Gusev Greeting the guests, Aleksandr Lukashenko noted that he sees a great interest in the development of co-operation with Belarus on the part of Russian regions, “Thanks to you, we have this co-operation. We are building a single Union State on the new principles to ensure that everyone’s ...

05.05.2022
Belarus , Voronezh , economy , Co-operation

A test of strength

... Growing uncertainty in the global economy, sanctions from a number of ...

28.04.2022
economy , Porcelain , Dobrush , logistics

The state will fulfil social commitments

The situation in the economy requires prompt, but balanced decisions. ... is an indicator of the economy and the state of affairs ... our country) understand that the economy is the number one issue ... of rising prices or deflation. Economy, however, is above all. ... If economy collapses, no one needs the ... common solutions, so that the economy does not suffer. We need ... everything possible to keep the economy going. Then we will have ... people. Not economy for the sake of economy but economy for the sake ...

27.04.2022
Lukashenko , economy , meeting

Belarus’ investment policy remains favourable

... as much as possible," Economy Minister Aleksandr Chervyakov said, adding ... situation. As noted by the Economy Minister, the current unique economic ...

25.04.2022
investments , economy , belarus , chervyakov

Our wheel rolls for everyone

New models, improved product quality and reduced cost: demand for Belshina products is growing Amid the shutdown of tire factories of foreign manufacturers in Russia, the question arises — does Belshina seek to occupy this market segment? Demand for the plant’s products has already increased. Now it is loaded by work at almost 90 percent. In order to win the competition with foreign companies, the company’s specialists are constantly working on updating the range of products, improving their ...

07.04.2022
Belshina , economy , production

Chinese small businesses likely to join Russian market

After European brands stop their operation in Russia, small businesses of China will enjoy an excellent opportunity to come instead. At the same time, large Chinese state-run enterprises will act cautiously, fearing possible consequences of violating anti-Russian sanctions imposed by the West, RIA Novosti reports. Photo: www.ria.ru According to South China Morning Post, Wang Chuanbao, the President of the Federation of Overseas Chinese in Moscow, believes the gap left by western brands in ...

05.04.2022
china , russia , economy

Morawiecki reported on hard times in Polish economy

Poland's economy has faced hard times – as ... . Morawiecki added that Poland’s economy is seriously affected not only ...

25.03.2022
poland , economy

No limit to the development

Distinctive futuristic body lines, panoramic windshield, ergonomics — autonomous trams, electric buses and trolleybuses organically fit into the transport life of cities not only in Belarus, but also in the CIS countries, as well as far abroad. They are produced at the BKM Holding enterprise, known to us under the more familiar name — Belkommunmash. Having highly qualified personnel, a powerful production base, and its own design centre, the holding would keep pace with the times, or even get ...

24.03.2022
economy , Belkommunmash , technology

France recognised Russia’s vital role in world food market

Sebastien Abis, the Head of the Demeter analytical centre specialising in global agriculture, believes Russia is likely to continue to play an important role in the global food market, as it is one of the major grain suppliers – as he stated in an interview with the France 24 TV channel, TASS reports “Wheat is becoming a geopolitical problem – as never before,” Mr. Abis stressed, adding, “This is because behind all this there is also a question of how the states will position themselves in ...

21.03.2022
russia , food , economy

Belarus and Russia need to have internal price climate, expert asserts

Vasily Koltashov, the Head of the Centre for Political and Economic Studies at the Institute of the New Society, shared his opinion with Belarus 1 TV channel Video screenshot “Rising prices worldwide are generated not only by the events that are taking place in Ukraine. One of the reasons for this growth is determined by the huge amount of money supply, primarily the US dollar. It is worth noting that prices will continue to rise in the coming years. Belarus and Russia need to create a very ...

12.03.2022
Economy , Belarus , Russia

Iranian Ambassador: economic co-operation with Belarus is priority

... and co-operation in the economy are a priority. Moreover, I ...

10.03.2022
iran , ambassador , economy

Golovchenko: Belarusian economy is on firm ground

Belarusian economy is on firm ground – as stated by Prime Minister Roman Golovchenko after visiting Grodno Azot “The country's economy is on firm ground. Last year, most large industrial enterprises operated successfully, with our processing industry acting as a driver. In January, GDP stood at the level of 102.7 percent – which was higher than planned,” Mr. Golovchenko noted, adding that Belarusian products continue to enjoy an increasing demand.

18.02.2022
golovchenko , economy , grodno azot

FEZ residents accounted for about 5% of Belarus' GDP in 2021

As reported by the Economy Ministry’s press service, residents ... to make Br2.1bn. The Economy Ministry informed that financial results ...

17.02.2022
gdp , economy , fez

Foreign investments in Belarus made $8.7bn last year

... the real sector of Belarus’ economy made $8.7bn – as informed ...

11.02.2022
investment , economy

European Commission expects high gas prices to lead to bigger inflation in EU

... , the prospects for the European economy as a whole depend, among ...

11.02.2022
EU , economy

Stability will be ensured

... and the National Bank that economy is the main thing, therefore ... also give credit to the economy. The economy worked.” As an example ... , and for GDP, and the economy. Everything’s been determined. It ...

09.02.2022
Lukashenko , National Bank , finance , economy , sanctions

Belarus boasts greatest progress in Economic Freedom Rating among EAEU states

Almost all EAEU member states have improved their positions in the Fraser Institute's Economic Freedom Rating – as announced by the official representative of the Eurasian Economic Commission, Iya Malkina Photo: facebook account “In 2021, rating agencies updated the EAEU sovereign credit rating to register that almost all member states improved their positions in the Fraser Institute's Economic Freedom Rating. The largest progress was made by Belarus (26 positions up) and Kazakhstan (18 ...

04.02.2022
eec , malkina , economy , EAEU

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