Dzmitry ZAYATS

Government set to double SMEs’ contribution to economy

The government has adopted a strategy aimed at doubling the contribution of small and medium-sized enterprises (SMEs) to the Belarusian economy by 2030.

Belarus to replace its representatives in Eurasian Economic Commission

The Board of the Eurasian Economic Commission (EEC) has approved Belarus’ decision to dismiss Syarhey Sidorski and Valery Karashkow from their positions as members of the EEC Board.

Belarus needs to speed up reforms, IMF says

  The International Monetary Fund (IMF) believes that Belarus needs to speed up deep reforms targeting the state-owned enterprise (SOE) sector, Peter Dohlman, head of the IMF mission to Belarus, told reporters in Minsk on Thursday.

Belarus moves down one spot in Doing Business rankings

Belarus moved to 38th of 190 countries in the World Bank's 2018 Doing Business rankings, down from the 37th rank the previous year.

IMF suspends loan talks with Belarus

  The International Monetary Fund (IMF) has suspended its loan talks with the Belarusian government, a representative of the international financial organization told reporters in Washington on July 20.

Government adopts de-dollarization plan

The Council of Ministers and the National Bank have adopted an action plan for the de-dollarization of the national economy.

Belarus’ GDP falls by 2.6 percent in 2016

Belarus’ Gross Domestic Product (GDP) fell by 2.6 percent in 2016 to total 94.3 billion new (post-redenomination) rubels, reported the National Statistical Committee (Belstat).

Belarus hoping to receive third tranche of EFSD loan in December

The Belarusian finance ministry is hoping to receive the third tranche of a loan from the Eurasian Fund for Stabilization and Development (EFSD) before the end of this year, First Deputy Minister Maksim Yermalovich told reporters in Minsk on Friday.

Retail chains oppose draft presidential edict regulating sale of alcohol

Belarus’ leading retail chains have expressed strong opposition to a draft presidential edict that would regulate the sale of alcohol in the country.

Government invites EBRD to prepare five companies for privatization

The Belarusian government has invited the European Bank for Reconstruction and Development (EBRD) to prepare five large state-owned companies for privatization, Francis Delaey, head of the EBRD office in Belarus, told reporters on September 27.

IMF warns Minsk against wage targets

The Belarusian government should not set wage targets, International Monetary Fund (IMF) experts say in an analytical paper exploring the causes of recent currency crises in Belarus.

Experts lambaste 30-percent tax on purchases of foreign currency

Experts have criticized the government's move to introduce a 30-percent tax on purchases of foreign currency by individuals and legal entities.

Government may raise value-added tax in 2015

The Belarusian government considers raising the rate of value added tax from 20 to 22 percent.

Authorities set to reform system of support for state-owned companies

The Belarusian government has drawn up measures to reform the way it provides economic support...

Stake in Hrodna Azot attracts no bids

The government has failed to find a buyer for a stake in state-owned chemical company Hrodna Azot through a bidding contest.

Stake in Hrodna Azot attracts no bids

The government has failed to find a buyer for a stake in state-owned chemical company Hrodna Azot through a bidding contest.

IMF cuts forecast for Belarus’ economic growth

The International Monetary Fund has revised downward its forecast for Belarus’ economic growth in 2014 to just 0.9 percent.

No \"big interest\" from Russian companies in stake in Mazyr Oil Refinery

Russian companies have not displayed a big interest in buying the Belarusian government\'s stake in Mazyr Oil Refinery.

No \"big interest\" from Russian companies in stake in Mazyr Oil Refinery

Russian companies have not displayed a big interest in buying the Belarusian government\'s stake in Mazyr Oil Refinery.

Belarus suspends import of Ukrainian beer

Beer imports from Ukraine have been suspended because of the failure of importers to meet the licensing requirement...

Belarus suspends import of Ukrainian beer

Beer imports from Ukraine have been suspended because of the failure of importers to meet the licensing requirement...

Belarus ready to sign Eurasian Economic Union treaty on May 29, first deputy prime minister says

Belarus is ready to sign the Eurasian Economic Union treaty on May 29, First Deputy Prime Minister Uladzimir Syamashka...

Belarus ready to sign Eurasian Economic Union treaty on May 29, first deputy prime minister says

Belarus is ready to sign the Eurasian Economic Union treaty on May 29, First Deputy Prime Minister Uladzimir Syamashka...

Mazyr Oil Refinery valued at $4 billion

The value of Mazyr Oil Refinery has been estimated at $4 billion, Heorhiy Kuznyatsow, head of the State Property Committee...

Russia reported to have supplied 21.26 million tons of crude oil to Belarus in 2013

A total of 21,260,000 metric tons of Russian crude oil was supplied to Belarus in 2013, or 1.9 percent less than the previous year...