Business news

24 Oct 2023

Lukashenko: Belarus sees great opportunities in African market
We are welcome there. Having freed themselves from the colonial yoke, they are now very afraid of being swallowed up again. That’s why they are looking to us," Aleksandr Lukashenko said...

24 Oct 2023

Lukashenko praises Belarus’ automotive industry
“We are a country of vehicle makers. We make vehicles that are the envy of any country: low-, medium- and large-tonnage vehicles - BelAZ. MAZ is a medium class vehicle in terms of payload,” Aleksandr Lukashenko said...

24 Oct 2023

Nearly quarter of Belarus’ GDP generated by private sector
"The private sector employs a third of the economically active population. It accounts for a third of the investments and a third of the budget revenues"...

24 Oct 2023

Belarus harvests over 1.4m tonnes of corn kernels
As of 24 October, some 8,878,400 tonnes of grain crops and rapeseed were cropped in Belarus...

24 Oct 2023

Belarus’ BMZ ships over 800,000t of innovative products in January-September
According to Igor Chernyavsky, in January - September the enterprise produced more than 1.7 million tonnes of steel...

24 Oct 2023

Belarus’ Dairy Industry international forum due in Minsk on 26-27 October
More than 450 delegates from 11 countries have already registered to participate in the forum. The event will offer a great opportunity to discuss current problems and prospects, to exchange views on the prospects of the dairy industry...

24 Oct 2023

Belarus third among European countries with cheapest electricity
Speaking at the plenary session of the national committee of the Belenergotopgaz trade union, Energy Minister Viktor Karankevich emphasized the importance of the Belarusian nuclear power plant (BelNPP) as the country’s biggest high-tech project that meets the most advanced safety requirements...

23 Oct 2023

Social commitments to remain priority of Belarus’ 2024 budget
"There are plans to increase the consolidated budget spending on education by 13.8% (a total of Br11.8 billion), healthcare by 11.6% (Br11.6 billion), as well as wages. The wage fund will expand by 12.4% to amount to Br26.2 billion,” said Roman Golovchenko...

23 Oct 2023

PM comments on Belarus' social, economic development targets for 2024
According to him, these targets have been defined as resultant in the context of resource mobilization and the formation of an economy of development in the face of sanctions "They serve as the basic parameters for the the draft budget and the monetary policy," the prime minister said...

23 Oct 2023

Investment seen as main source of economic growth in Belarus
The main source of economic growth is still investment, “which should grow to the level of 19.2% of GDP. The growth should make up almost 4% year-on-year. This is Br47 billion, and exports, the value of which will exceed record-high $53 billion,” the prime minister added...

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