Manipulations with exchange rate differences did not help Belarusian mechanical engineering to end year with profits
According to the National Statistics Committee, due to writing off exchange rate differences, Belarus’ economic losses in September-October reduced by BYR 10 trillion. Despite the overall improved financial performance in the economy, mechanical engineering in January – October 2015 remained unprofitable. Consequently, lay-offs will continue, arrears in the economy will grow and payment discipline on credit agreements will deteriorate. The government is likely to provide financial support to the largest enterprises from the state budget. Amid persisting negative trends on the Russian market, demand for investment goods produced in Belarus is unlikely to increase in 2016, which will lead to a further deterioration of the financial health of the largest Belarusian machine-building enterprises.
During searches of social and "green" activists and anarchists, law enforcement has seized computers, mobile phones and publications. The authorities have also exerted additional pressure on supporters of unauthorized street protests and independent lawyers, who represented defendants in the White Legion case. The security services have stepped up the persecution of opponents before the street protests announced by the opposition. Apparently, the Belarusian authorities aspire that participants in street protests would reduce in number and that the low interest of the population to socio-political agenda before the local election campaign would retain.