Business news

31 Mar 2020

Belarus' budget surplus at Br0.4bn in January-February 2020
Revenues of the central state budget totaled Br3.5 billion, or 14.2% of the revised annual target...

31 Mar 2020

Belarus' external state debt down 1.6% to $16.9bn in January-February 2020
In January-February 2020, Belarus spent $376.2 million to repay the external state debt, including $196.7 million to the Russian government, $167.7 million to Chinese banks, and $11.8 million to the IBRD...

31 Mar 2020

Belarusian oil refineries to get 1-2m tonnes of oil in April
"The task for April is 2 million tonnes, or at least 1 million tonnes. Oil supplies through the ports in Odessa and Klaipeda will continue. We continue talks with Russia and also in other directions"...

31 Mar 2020

Working group to draft Belarus' social, economic development program for 2021-2025
The ministerial working group will compile a forecast for the country’s social and economic development for 2021 and the planning period, and also coordinate the work of government bodies and organizations in drafting the program...

30 Mar 2020

Belarus, IMF in negotiations on funding in response to global economy deterioration
The sides are discussing the use of the IMF’s Rapid Financing Instrument. The instrument is designed to help IMF member states by supporting the measures the authorities implement to overcome situations that require urgent actions...

30 Mar 2020

Belarus to work out action plan to boost export of woodworking products to EU
"The best export is the one that is based on one’s own raw materials. Belarus has enough of its own raw materials"...

30 Mar 2020

Belarus to improve livestock, animal product traceability system
The bill proposes to expand the list of animals subject to identification, registration, and traceability in the national information system...

27 Mar 2020

Belarusian banks ready to consider repayment holidays for individuals
Previously the National Bank of the Republic of Belarus encouraged commercial banks to consider giving repayment holidays to natural persons. The holidays can be granted if confirmation documents are available...

27 Mar 2020

Belarus president warns private companies against laying off employees
"I want every private company owner to hear this: if a company, a small one or a large one, sacks people (it is impossible in state-run enterprises because we stay on top of it), it is unlikely the company will continue to exist in Belarus"...

27 Mar 2020

Enterprise in FEZ Vitebsk to make individual protective gear
The enterprise will primarily make products of its own design out of fiberglass and impact-resistant plastic, including crash helmets, hardhats for various industries, knee and elbow protectors for active recreation fans, and special-purpose products...

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