Denomination in Belarus will be conducted on 1 July 2016. On this day the National Bank has allowed commercial banks to abstain from serving customers.
People are waiting for it. This is important for everyone, - Aliaksandr Lukashenka said as he met with Belarusian Prime Minister Andrei Kabiakou and Chairman of the Board of the National Bank of the Republic of Belarus Pavel Kallaur. – Therefore, it is a big event, even from the political point of view. And it should be well organized.
The head of state also noted that the redenomination, which is, probably, considered an unpopular event to a certain extent will take place in the run-up to the parliamentary elections, BelTA informs.
According to Lukashenka, statesmen always think about the prospects and development of the state.
Denomination could have been conducted on 1 January 2017; however, the deadline has been moved forward on 1 July 2016.
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.