ECONOMY



Myasnikovich on effectiveness of institution of presidency: we have billions of US Dollars in export revenue

The stake made by the President of Belarus from the first years of his presidency on large-scale production and exports has paid off – as noted by Mikhail Myasnikovich, a delegate of the 7th Belarusian People’s Congress, Head of the Belarus President Administration in 1995-2001, Prime Minister of Belarus in 2010-2014, in his talk with the Belarus 1 TV channel Speaking about the 30th anniversary of the institute of the presidency in Belarus and the development of the country over these three ...

15.07.2024
Belarus , Myasnikovich , economy , exports

Growth through innovation

... various sectors of the national economy of Belarus and the Russian ...

10.07.2024
Belarus , Vitebsk , Vityaz , industry , economy , enterprise , innovation , developments

All facets of co-operation

... operation in Building an Innovative Economy of the Union State became ... major driving force for the economies of Belarus and Russia. • ... . • The development of an innovative economy in our countries is impossible ... operation in building the innovative economy of the Union State. This ... accumulated investment in the Belarusian economy, Russia firmly holds the first ... the achievements in the national economy of the regions, Vitebsk belta ... the achievements in the national economy of the regions. Joint booths ...

03.07.2024
Belarus , Lukashenko , Russia , Putin , Union State , Forum of Regions , Vitebsk , innovation , economy , interregional , co-operation

Belarus’ PM: Lukashenko always keeps Government active

The Belarusian economy feels quite confident – as stated ...

26.06.2024
Belarus , Golovchenko , economy

Focus on import substitution

The production growth rate of 114 percent over the past year — Dobrush Paper Factory Geroy Truda [Hero of Labour] can boast increased multilayer cardboard production Innovative, focused on import substitution and export — it is in line with this trend that Dobrush Paper Factory Geroy Truda, the branch of OJSC Management Company of Belarusian Wallpaper Holding, is actively developing. The launch of a modern complex for the production of three-layer coated and uncoated cardboard in June 2021 ...

26.06.2024
Belarus , economy , Dobrush Paper Factory Geroy Truda , wallpaper , innovation , import substitution , development

EDB forecasts Belarus’ GDP growth of 3.4% by late 2024

... researchers say that the global economy will continue to grow at ... 2024, driven largely by emerging economies. Inflation is decreasing in developed ...

24.06.2024
Belarus , EDB , economy , GDP , growth

Belarus’ PM: intensification of exports to far arc countries connected with Lukashenko’s foreign policy activity

Over the four months of 2024, Belarus expanded its export supplies to the markets of the far arc countries by more than $300m – as stated by Prime Minister Roman Golovchenko in his talk with the Belarus 1 TV channel Speaking about the prospects of distant regions, Belarus’ PM noted, “The issue of diversification of our exports is not lifted from the agenda. Moreover, the development of exports to the far arc countries has always been a priority for us. Now it is especially important to balance ...

20.06.2024
Belarus , economy , Golovchenko , exports

Metal cutting craftsmanship

Strong seams and short circuit welding — let us unveil the ‘recipe’ for making a perfect electric bus Sparkling metal sheets, steel pipes, aluminium profiles and other blanks in the production workshops of BKM HOLDING, formerly known as Belkommunmash [leading Belarusian manufacturer of modern urban electric transport], turn into stylish public transport in less than a month. The lion’s share of credit goes to the welders for their tireless and high-quality work. Specialists who know how to treat ...

19.06.2024
Belarus , BKM HOLDING , Belkommunmash , manufacturer , economy , production , urban , eletric transport , welding

Strength lies in teamwork

... the state is a strong economy. Therefore, first of all, it ... is necessary to develop regional economy, create jobs in the regions ... of those engaged in the economy work in small and medium ...

18.06.2024
Belarus , economy , Lida , Bel-Plast International , Anatoly Velikin , plastic , packaging , bottles , development , modernisation

Golovchenko on negative trade balance: no catastrophe at all

... far as I understand, the Economy Ministry and the Government should ...

17.06.2024
Lukashenko , golovchenko , government , belarus , foreign trade , economy

Belarus PM: attempts continue to make sanctions measures even tougher, but we’re obliged to fulfil all tasks

Despite the ongoing sanctions pressure, the Government is determined to fulfil all the tasks set – as noted by Belarus’ Prime Minister Roman Golovchenko after his report to President Aleksandr Lukashenko As the Head of Government noted, the external situation is not getting easier and sanctions pressure remains, “As we see, there are attempts to make the sanctions measures tougher. We understand that this is for a long time, so we’re building our policy proceeding from this fact. Despite ...

17.06.2024
Belarus , Golovchenko , Lukashenko , economy , export

UK economy showed zero growth in April

... percent. In March, the UK economy grew by 0.4 percent ...

13.06.2024
UK , economy , GDP

Review of Belarus’ achievements

The 34th International Exhibition Belagro-2024 unveiled in the Great Stone Belarusian-Chinese Industrial Park has demonstrated cutting-edge achievements in the fields of agriculture and industry. Advancements in the Belarusian agro-industrial complex (AIC), an exclusive from Russia’s Ministry of Agriculture, know-how from Kazakhstan, Mongolia, Germany, China, Türkiye, new cultural varieties and innovations in biotechnology, as well as the selection of the best brood cow, tests for the most ...

11.06.2024
Belarus , Belagro , Great Stone , Belarusian-Chinese Industrial Park , exhibition , international , industry , agriculture , economy , MAZ , Minsk Tractor Works , Gomselmash , tractor , truck , food

Development trend

... accelerated growth of the Belarusian economy The EDB has analysed the ... trends in our country’s economy in its weekly macroeconomic review ... the press service of Belarus’ Economy Ministry. The economic department of ... FEZ operation,” Belarus’ Ministry of Economy added. In particular, the enterprises ...

29.05.2024
Belarus , economy , eurasian development bank , macroeconomic , review , growth , exports , free economic zone

Novelties that came off the assembly line

Up to 30,000 units per year — a new car production project has been implemented in Belarus Unison Plant, Obchak village, Minsk District The first Belarus-made VGV Sinotruk cars have rolled off the assembly line of the Unison Plant. These are seven-seater family vehicles at the price of a compact crossover. According to Aleksei Vaganov, a representative of Unison shareholders, it is planned to produce about 30,000 cars per year. “We launched this project a year ago following the agreements ...

29.05.2024
Belarus , China , economy , car production , Sinotruk , Unison Plant , assembly

The notion that ‘China exports its overcapacity’ is a complete fallacy

... the basic principles of the economy Some unscrupulous politicians and the ... the principles of a market economy and the law of value ... well-known truths of the economy but also does not correspond ... the basic principles of the economy, nor does it stand up ... contradicts the laws of the economy and the general trend of ... risk of fragmentation of global economy and harms global prosperity and ... -term development of the global economy. The United States and the ...

29.05.2024
China , economy , energy sector , electric , vehicles , USA , overcapacity , competition

Belarus’ PM: CIS economic growth rates higher than global

The economic growth rates of the CIS members are higher than the global ones – as stated by Belarus’ Prime Minister, Roman Golovchenko, at a meeting of the CIS Council of Heads of Government held in Ashgabat on May 24th “In the difficult external conditions of 2023, economic growth in the CIS countries averaged 3.8 percent, whereas we were in a negative zone of minus 0.5 percent on average in 2022. As for Belarus, its GDP grew by 3.9 percent last year. I would like to emphasise that our joint ...

27.05.2024
golovchenko , CIS , economy

Alloy of quality and craftsmanship

... industry. After all, a solid economy has always been at the ...

16.05.2024
economy , Monolit , plant , radio components , capacitor , manufacture , Vitebsk , National Board of Honour

Horizons of ‘northern silk’

... — how modernisation has affected the economy of Dvorets Flax Factory JSC ...

02.05.2024
economy , flax , production , fibre , Dvorets Flax Factory

Top priority issues

... the sustainable operation of the economy. This is a strategic task ... create conditions for a sustainable economy that does not depend on ...

23.04.2024
economy , import , substitution , technological , sovereignty

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