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Wages will grow and consumer imports restrictions will increase

On June 12th, Minsk City Executive Committee Chairman announced the strengthening of the import substitution policy in retail sales. Active growth...

IMF and government split over measures to overcome crippling economic problems in Belarus

On June 12th, the IMF published a country report on Belarus in the framework of post-program monitoring. Despite similar assessments of the...

Government seeks who to blame for the failure to meet GDP growth forecast

On June 14th, the government met to discuss socio-economic development performance in January-April 2013. GDP growth pace in January-May 2013 slowed...

Alcohol industry is allowed to increase exports

In May, export quotas for alcohol producers were abolished. Alcohol production industry has annual production volume plans. Increased alcohol excise...

National Bank manages to maintain reserves at USD 8 billion

According to preliminary data, on June 1st, 2013 foreign exchange reserves were USD 8,041 million. In May, the foreign exchange market experienced...

Modernization for the sake of modernization: cement industry example

On June 4th, the JSC Krichevcementnoshifer released a test cement batch using the new technology line. The new production lines’ launch at...

Neither for lease nor for sale - new terms of use for housing concessional loans

On June 1st, 2013 Presidential Decree No 246 came to effect, which changed the terms of government support to housing construction. Substantial...

Harmonization of railway tariffs in Belarus resulted in domestic freight market reformatting

On 30th May, Belneftekhim Concern announced the launch of Euro 4 diesel fuel trial pumping through Navapolack-Ventspils pipeline. Following the...

How to survive until 2015: major quest for the Government

On May 29th, 2013, it was announced that the Eurasian Economic Union will be launched on January 1st, 2015. Belarus’ current economic policy...

Even potash fertilizers reckonings make long friends

On May 20th, the OJSC Uralkali principal shareholder Suleiman Kerimov visited Belarus. Potash fertilizers export is Belarus’ main hope to...

National Bank’s measures to increase lending in national currency start showing results

On May 22nd the National Bank published data about various economic sectors’ debts to the banking system. Due to high interest rates on...

Updated 2009 solution to 2013 growing stocks problem

On May 24th the country’s leadership ordered to sell stocks of agricultural machinery at a significant discount. The problem with growing...

Alcohol and tobacco manufacturers will focus on foreign markets

According to the National Statistics Committee, the highest increases in prices in January-April 2013 were prices on local cigarette brands without...

State-guaranteed order for the housing construction introduced in Belarus

On May 8th, 2013 Belarus’ President signed a Decree No 215, envisaging for procedures of placing state-guaranteed orders for the housing...

Recession registered in Belarus

On May 15th Belstat published data on Belarus’ socio-economic development in January-April 2013. Despite the positive nominal GDP growth rate,...

The government temporarily curbed inflation by administrative measures

On May 8th, Statistics Committee published April 2013 inflation data. According to the published data, the inflation rate in April 2013 was...

National Bank speeds up the rate cut

On May 15th 2013, the discount rate was reduced by 2 percentage points to 25% per annum. Using administrative means, the government managed to curb...

Russias WTO accession has reduced the Customs Union benefits for Belarus

Belarusian exports to Russia in January-February 2013 increased by 7.6% over the same period of 2012. Despite the increase in total exports to...

The Anti-Crisis Funds tranche came just in time

On April 30th, the National Bank announced the immediate availability of the next tranche of the EurAsEC Anti-Crisis Fund at Belarus’ Finance...

Belarus and Russia on the brink of new trade conflicts

Russian Association Rosagromash sent an open letter to Vladimir Putin to stop subsidies and preferential leasing for foreign equipment, including...

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IVENTZ

Press Club Belarus accepted into International Association of Press Clubs Press Club Belarus was given the role of observer during the General Assembly of the International Association of Press Clubs (IACP) that... 07.06.13

Conference "Belarusian Civil Society in 2013" will take place in Warsaw on 14-15 June Invitation to the conference "Civil Society of Belarus in 2013" | June 14, 2013 The Council of Europe and the Kasimierz Pulaski Founaton... 06.06.13

To become a flexible and responsive tool to promote democracy This is the basic idea behind the European Empowerment for Democracy, officially launched in Brussels on May 27th, 2013. The European... 28.05.13

Negotiations on Belarus accession to WTO in Brussels on 17 June
belta.by 14.06.13

Obama Extends Belarus Sanctions, National Emergency
rferl.org 14.06.13

Belarus economic model is increasingly untenable, IMF experts say
naviny.by 14.06.13

Belarus must free political prisoners now: UN rights council
expatica.com 14.06.13

Belarus intends to more actively develop relations with EU, but not to detriment of Russia
naviny.by 14.06.13

Belarus sees no prospects for cooperation with UN Human Rights Council rapporteur, envoy says
naviny.by 14.06.13

Belarus : refusal to cooperate triggers renewal of the mandate by the UN Human rights Council
fidh.org 14.06.13