The World Bank’s evaluation of Belarus’ way out from the economic crisis is relatively positive. But only if the structural reforms are organized, which Belarusan authorities still cannot decide on.
04.11.2015 | 09:26
Shared sense of responsibility and support for reforms by each member of the society are often determining factors for successful outcome, claims Young Chul Kim, World Bank Country Manager in Belarus.
04.11.2015 | 08:23
In 2009 National Bank devalued Belarusan ruble by 20%; within a few months in 2011 it devaluated by almost 3 times; in 2014 National Bank introduced a 30% temporary tax on purchasing foreign currency.
29.09.2015 | 11:10
Belarusians will prefer to shop abroad as long as the Belarusian authorities sustain the old ineffective economic system, which produces many uncompetitive and unwanted goods, writes Ales Alachnovich.
11.09.2015 | 10:54
Ruble that is setting up records of fall almost each day became a hero of the official comment the National Bank made “due to active discussion of the current situation on foreign exchange market".
21.08.2015 | 11:13
According to the official Social and Economic Development Programme 2011-2015 GDP was supposed to increase by 62-68% by the end of 2015. In reality, the growth is likely to hit around 6%.
11.08.2015 | 10:48