Consumer prices in Belarus over the period of January-March 2015 have risen by 5.7 per cent while the yearly forecast is 12 per cent.
According to the data of the National Statistical Committee of the Republic of Belarus, consumer price index for goods and services in March 2016 as compared with February 2016 was 100.8% and 105.7% as compared with December 2015.
Core inflation (the CPI excluding price changes for goods and services which are under impact of administrative and seasonal factors) in March 2016 as compared with February 2016 was 101% and 104% as compared with December 2015.
In March 2016 prices for foods went up by 0.7% from February 2016 and by 10.6% from March 2015. Prices for non-foods rose by 1.2% and 10.9% respectively. The index of prices for and tariffs on paid services totaled 100.6% as against February 2016 and 121.9% in comparison with March 2015.
The Belarusian government has invited the European Bank for Reconstruction and Development (EBRD) to prepare five large state-owned companies for privatization.
Officially, the unemployment in our country is reducing – if judging by the number of registrations at the labor exchange; however, the number of jobs doesn’t increase in the economy.
Recently Belarus State Military Industrial Committee announced that in the first half of 2016 its enterprises earned a net profit of $80m, thus over-fulfilling the assigned export plans by a quarter.
Poor economic conditions in the countryside, restrictions, unfair competition, inefficiency of state-owned agricultural enterprises also contribute to this ‘success story’, writes Aliaksandr Filipau.
On 20 June Lukashenka met with vice-chair and president of the Chinese CITIC Group Corporation Wang Jiong; it seems especially important in light of Lukashenka’s planned visit to China in September.
All the conditions for everyone to be able to earn a decent salary have been enabled in Belarus, however, it is necessary to make some effort to get the money, assumes the president.
Belarus is losing currency earnings – in the 6 months of 2016 the country earned 3 billion less than in the same period in 2015. Instead of removing the causes of the flop the state relies on magic.
He said Belarus would likely face economic tightening not only as a result of the coronavirus pandemic but also a Russian trade oil crisis that worsened this past winter.
In his report, philosopher Gintautas Mažeikis discusses several concepts that have been a part of the European social and philosophical thought for quite a time.
It is impossible to change life in cities just in three years (the timeline of the “Agenda 50” campaign implementation). But changing the structure of relationships in local communities is possible.