by
March 17 – March 23, 2014

In January 2014, Belarusian enterprises’ net profits were under EUR 190 million

The situation has not changed
In January 2014, Belarusian enterprises’ net profits were under EUR 190 million

In January 2014, Belarusian enterprises’ net profits fell by 31.6% over the same period in 2013.

The situation with settlements in the economy continued deteriorating, several enterprises have shortened their working hours, tax revenues have reduced, and the pressure on the National Bank to adjust the exchange rate and interest rate policy has increased. It is likely that control over profitable enterprises will increase, mainly in the private sector, in order to step up budget revenues. It would be reasonable to anticipate a reduction in the number of employed in the economy due to lower wages in various economic sectors.

You have been successfully subscribed

Subscribe to our newsletter

Once a week, in coordination with a group of prominent Belarusian analysts, we provide analytical commentaries on the most topical and relevant issues, including the behind-the-scenes processes occurring in Belarus. These commentaries are available in Belarusian, Russian, and English.
EN
BE/RU
Subscribe

Situation in Belarus

March 18 – March 24
View all

Subscribe to us

Read more