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Opinions & Interviews

23 Aug 2019

Belarus’ economy is balanced

Belarus’ economy is balanced

MINSK, 23 August (BelTA) – Belarus’ economy is balanced, Prime Minister Sergei Rumas said as he met with Belarus President Aleksandr Lukashenko on 23 August, BelTA has learned.

“Today the situation in the economy is balanced. The majority of qualitative indicators are fulfilled. The situation is stable on the monetary, financial and currency markets. The inflation rate is within the projected range,” the head of government said.

As BelTA reported earlier, in July 2019 the index of consumer prices for goods and services totaled 100.2% as against June 2019 and 103.1% as against December 2018. The base index of consumer prices, which does not account for changes in prices for individual goods and services susceptible to administrative and seasonal factors, stood at 100.2% over June 2019 and 102.3% in comparison with December 2018.
In January-July 2019 Belarus’ GDP amounted to Br72.5 billion in current prices or 101.3% as against January-July 2018. In January-July 2019 the GDP deflator index equaled 107% as against the same period of last year.

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