Business news

FM: Belarus, Hungary maintain high-level trade, economic cooperation
Speaking about promising areas of cooperation, the minister highlighted such sectors as energy, agriculture, manufacturing industry, pharmaceuticals, and tourism...

Szijjarto: Dialogue helps prevent many calamities
The minister declared Hungary’s commitment to expanding economic cooperation with Belarus – a commitment demonstrated by the presence of a Hungarian business delegation in Minsk...

Belarus’ National Bank aims to bolster technological, digital sovereignty
"Therefore, the National Bank has taken on a coordinating function in this domain. We will combine the competencies of banks and IT companies to develop and implement domestic solutions for the banking sector,” the chairman of the NBRB Board stated...

Golovchenko unveils plans for Belarusian digital ruble introduction
According to him, in the future, the Belarusian digital ruble will enable the use of advanced payment guarantee technologies, primarily smart contracts...

Golovchenko: Belarus’ gold and forex reserves reach $12.7bn
"Yes, the increase in the price of gold on world markets played a significant role. But this is not the only reason. The policy of managing gold and forex reserves pursued by the National Bank also made a substantial contribution to the increase,” Roman Golovchenko stated...

Lukashenko calls to intensify adoption of digital payment systems
Furthermore, Aleksandr Lukashenko noted that the system will, for the first time, allow Belarusian businesses to do credit transfers in real-time, even on weekends and holidays...

Lukashenko tells banks to assist enterprises with foreign trade operations
Several areas of efforts were mentioned. Among those Aleksandr Lukashenko mentioned the expansion of the corresponding bank network in friendly countries and neutral ones and the organization of transactions in national currencies of the countries, which are Belarus’ main trade partners...

Lukashenko urges banks to focus on financial support for economy
According to him, a significant share of these funds is directed toward credit support for the real economy. Over the seven months of this year, legal entities received Br103 billion in credit funds from banks...

Lukashenko highlights rapid de-dollarization of Belarus’ economy
“The de-dollarization of the economy is proceeding at an accelerated pace. The share of the ruble component in the broad money supply has increased from 41% in December 2020 to 63% in July 2025. Simply put, since the start of 2025, people have been selling an average of $30 million in foreign cash every day,” the president said...

Lukashenko warns against hoarding of reserves
Aleksandr Lukashenko set the task of maintaining gold and foreign exchange reserves at a level sufficient for stable economic operation during the next five years...

Lukashenko points out banking sector shortcomings
The head of state noted that, overall, the situation in the monetary sector and the foreign exchange market does not raise concerns. However, there are certain shortcomings that need to be addressed...

Lukashenko notes record levels of cryptocurrency transactions
According to him, the use of tokens in the financial sector helps to minimize the presence of intermediaries, automate the execution of transactions through smart contracts, and enhance users’ control over their assets...

Lukashenko calls for setting up financial-industrial groups
He emphasized that not only banks but also non-bank credit and financial organizations should be more actively involved in financing investments, and they should introduce new financial support instruments. The main criterion in this case is the growth of their share in GDP...

Export of MTZ machinery to Uzbekistan up by 31% in January-August 2025
"Since the beginning of the year, MTZ has shipped more than 2,300 units of BELARUS machinery to Uzbekistan. The most popular models include the 80X, 80.1, 82.3, 1221.3, and 1222.3"...

Belarus, Uganda discuss amino acids and equipment supplies
The Ugandan delegation learned about the potential of Belarusian agricultural enterprises and agricultural machinery manufacturers. The parties expressed confidence in the possibility of increasing mutually beneficial cooperation...

Belarus to boost exchange trade of agricultural products with African countries
In particular, the program of the fair included meetings with a number of major Algerian dairy processors on the purchase of Belarusian dairy products via exchange trades...

Belarus forging ties with Kazakhstan’s auto components company
The parties discussed matters of establishing mutual cooperation with major industrial plants of Belarus...

EDB analysts name key factors behind Belarus' forex reserves growth
Belarus' level of forex reserves has now increased for the ninth consecutive month. Since the start of the year, the reserves have grown by nearly $3.5 billion...

Belarus’ grain harvest past 8.9m tonnes
The regional breakdown is the following: Minsk Oblast - 2.236 million tonnes, Grodno Oblast – 1.740 million tonnes, Brest Oblast – 1.679 million tonnes, Mogilev Oblast – 1.252 million tonnes, Gomel Oblast – 1.047 million tonnes, Vitebsk Oblast – 991,000 tonnes...

Belarusian companies taking part in Intra-African Trade Fair in Algeria
Goods and products of domestic manufacturers are in particular demand on the North African market. Expanding trade with Algeria is a key economic priority for Belarus...