No economic growth in Belarus in 2016
The situation has not changed
Belarus’ socio-economic development forecast for 2016 envisages GDP growth at 0.3%. In 2015, for the first time in the last 15 years, GDP will reduce by at least 3.5%. Amid low base in 2015, the minimum growth forecast for 2016 means Belarus lacks drivers of economic growth. In 2016, real incomes will fall, the tax and administrative burden on profitable businesses will increase in order to keep large giants of mechanical engineering afloat, and social protection for the population will be cut. If oil prices continue to fall, the national currency exchange rate may be adjusted in order to improve competitiveness of the Belarusian exports.
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
Situation in Belarus
April 8 – April 14
Constitutional referendum: main consequences
April 12, 2022
Speakers: Anatoliy Lebedko, Andrei Kazakevich
Video
How to count the political prisoners: are the new criteria needed?
March 28, 2022
Speakers: Aleh Hulak, Aleh Aheyeu, Viachaslau Kasinierau
Video
Paternalism In Decline, Belarusian Euroscepticism, And The Influence Of Russia
October 11, 2021
Video
Belarus: “High-Risk Country”
April 8 – April 14
Human Rights in Belarus Remain a Focus of Western Attention
April 1 – April 7
The noose tightens: Poland and the Baltic States take initiative in combating sanctions evasion
March 25 – March 31
The EU discusses duties on agricultural products from Belarus and Russia, sanctions synchronization, and a railway blockade
March 18 – March 24
Co-aggressor or Peacemaker?
April 8 – April 14
Belarus Suspends CFE Treaty: Preparing for War?
April 1 – April 7
Playing with fire. The Kremlin and Minsk consider the possibility of using nuclear weapons
March 25 – March 31
Against the backdrop of the renewed migration crisis, NATO prepares for a new escalation
March 18 – March 24
The Coordination Council Returns to the Agenda of the Democratic Movement
April 8 – April 14
The Coordination Council: A Toxic Asset or a Key Element of the Democratic Forces’ Architecture?
April 1 – April 7
“Hawks” of Democratic Forces: Blitzkrieg Narratives for Political Migrants
March 25 – March 31
Democratic forces are developing cooperation with Euronest and contribute to the isolation of the regime
March 18 – March 24
Deficit of Loyal Staff, “Wolf Ticket” for Dissenters
April 8 – April 14
Lukashenka’s Social Contract-2024: Guarantees for the Security Forces, Whip for Others
April 1 – April 7
The Lukashenka Pyramid: A Dilemma of Two Peaks
March 25 – March 31
Lukashenka takes lessons from Jack Sparrow on expropriation of businesses
March 18 – March 24