economy

Lukashenka pledges to preserve «socially oriented» economy

  Alyaksandr Lukashenka warned on Friday that he would not steer the country toward drastic market reforms.

Belarus\' economy needs structural reforms, says US charge d’affaires

  The Belarusian economy needs structural reforms to emerge from the ongoing crisis, US Charge d’Affaires Michael Scanlan said in an interview with BelaPAN on Thursday.

Economy ministry to raise producer price ceilings for dairy products, beef, pork

The Belarusian economy ministry will raise the producer price ceilings for dairy products, beef and pork later this month and in October, said the press office of the ministry, BelaPAN reports.

Government to abolish a number of taxes in 2011, official says

The Belarusian government plans to abolish a number of taxes and introduce other liberalization measures in the sphere in 2011, Dzmitry Kiyko, a departmental chief at the finance ministry, told reporters in Minsk on September 9, as quoted by

Denmark is interested in developing not only economic but also trade and political cooperation with Belarus

Denmark is interested in developing not only economic but also trade and political cooperation with Belarus, Danish lawmaker Eva Kjer Hansen said in Minsk on September 8 while meeting with Viktar Huminski, deputy chairperson of the House of Representatives, as quoted by

Foreign businesspeople trust Belarusian economy, official says

Foreign businesspeople have trust in the Belarusian economy and are ready to invest, Mikalay Ladutska, chairman of the Minsk City Executive Committee, said at a news conference held in the Belarusian capital city on Wednesday, as quoted by

Belarus needs more help from China\'s commerce ministry to carry out economic projects, official says

Belarus needs more help from China's commerce ministry to carry out projects in a wide range of economic sectors, Ihar Voytaw, head of the State Committee on Science and Technologies, said in Minsk on August 24 while meeting with Fang Xenbing, deputy general manager of the

PM Sidorski demands measures to draw private capital to small cities

The private sector is still reluctant to invest in the road service industry and set up service businesses in small cities, Mr. Sidorski said.

Ukraine\'s accession to Customs Union is impossible, ambassador says

Ukraine's accession to the Customs Union of Belarus, Kazakhstan and Russia is impossible "above all due to economic motives," Ukrainian Ambassador Roman Bezsmetrnyi told reporters in Minsk on August 18, as quoted by BelaPA

Syria is ready to carry out 13 cooperation projects with Belarus, Syrian economy minister says

Syria is ready to carry out 13 cooperation projects with Belarus, Syrian Economy Minister Lamia Asi said Tuesday in Minsk during a meeting of the Belarus-Syria Business Cooperation Council, as quoted by BelaPAN.

This year has seen rise in foreign investors’ activity, official says

This year has seen a rise in foreign investors’ activity in Belarus, Viktar Kavalenka, director of the National Investment Agency, told reporters in Minsk on Friday, as quoted by BelaPAN.

Experts predict inflation to accelerate in latter half of 2010

The Minsk-based Institute of Privatization and Management predicts the inflation rate to accelerate significantly in Belarus in the latter half of this year, expert Dzmitry Kruk said at a “roundtable” discussion held in the capital city on Thursday, as quoted by

Belarus hopeful of improvement of its Doing Business rating

\"There\'s a great risk that our government will start chasing positions in the World Bank\'s survey instead of creating a normal business and investment environment...

Foreign Minister Martynaw meets with German counterpart during Berlin visit

Foreign Minister Syarhey Martynaw met with his German counterpart, Guido Westerwelle, during his July 7-8 visit to Berlin, BelaPAN reports.

Belarusian-German Council for Economic Cooperation holding meeting in Berlin

The sixth meeting of the Belarusian-German Council for Economic Cooperation is taking place in Berlin on July 8, Andrey Savinykh, spokesman for the Belarusian foreign ministry, said at Thursday’s briefing, as quoted by Be

Economies of Belarus, Ukraine moving in different directions, ambassador says

The economies of Belarus and Ukraine are "moving in different directions," Ukrainian Ambassador Roman Bezsmertnyi said in an interview with BelaPAN.

Belarusians optimistic about finances in 2010, poll suggests

The Belarusians are feeling optimistic about their financial situation in 2010, suggests a poll taken by the Vilnius-based Belarusian Institute for Strategic Studies, as quoted by BelaPAN.

Experts unveil findings of poll studying public\'s perception of social, economic situation in Belarus

Representatives of the Vilnius-based Belarusian Institute of Strategic Studies (BISS) held a news conference in Minsk on Wednesday to unveil the findings of a poll taken to study the public's perception of the social and economic situation in the country,

Authorities to consider possibility of IMF`s new country strategy for Belarus in fall at earliest

Finance Minister Andrey Kharkavets noted that EU`s lending had been tied to the implementation of the Stand-By Arrangement with the IMF. Since...

Minsk to host Belarusian-Polish economic forum on June 9

A Belarusian-Polish economic forum will take place in Minsk on June 9.

Belarus\' international reserves said to have decreased by $253.4 million in May

Belarus' international reserves decreased by $253.4 million, or 4.2 percent, in May to $5,792.4 million, said the National Bank of Belarus (NBB), BelaPAN reports.

Belarus posts seventh highest rise in consumer prices among post-Soviet countries in first four months

Belarus had the seventh highest rise in consumer prices among 13 post-Soviet countries in the first four months of 2010, according to a BelaPAN survey of the countries' official data.

National Bank warns against rapid rise in external debt amid wide foreign trade gap

The National Bank of Belarus (NBB) has warned that a rapid increase in the country's external debt amid its wide foreign trade deficit would make the economy more vulnerable and threaten its economic stability and solvency,

Three major investment agreements signed during Homyel Economic Forum

Three major investment agreements were signed during the Seventh Homyel Economic Forum, which was held in Homyel on May 20, BelaPAN reports.