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Opinions & Interviews

3 May 2018

Belarusian economy demonstrates steady balanced growth

Belarusian economy demonstrates steady balanced growth

MINSK, 3 May (BelTA) – The national economy demonstrates steady balanced growth. Prime Minister of Belarus Andrei Kobyakov made the relevant statement during the government conference held by the head of state on 3 May, BelTA has learned.

Andrei Kobyakov said: “All the most important targets of the [social and economic development] forecast approved by the head of state were hit in Q1 2018. Including the GDP growth rate — 105.1% and the growth rate of the export of merchandise and services — 129.8%. Foreign trade surplus reached $206 million. Inflation was within the forecast range: plus 2.5% in March as against December 2017.”

In his words, the gross added value is on the rise in all the branches of the national economy — the production sector, civil engineering sector, agriculture, trade, and transport industry.

“On the whole, the economy is demonstrating steady balanced growth,” said the prime minister.

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