Belarus

Belarus central bank keep key rate unchanged

bne IntelliNews September 20, 2018

The National Bank of Belarus (NBB) will keep its key refinancing rate unchanged at to 10%, the regulator said in a statement published on September 19.

Belarus reports 3.7% y/y GDP growth in January-August

bne IntelliNews September 18, 2018

Belarus' GDP grew by 3.7% year-on-year in January-August following a 4.4% y/y growth in January-July, according to the national statistics agency Belstat.

Lukashenko's human resource policies are getting chaotic

bne IntelliNews September 18, 2018

Belarusian President Alexander Lukashenko appointed former industry minister Vitaly Vovk as his aide and inspector for the Vitebsk region on September 18 - literally a couple of weeks after Lukashenko fired him for ignoring the president's orders

The long march of Belarusian retail

Ben Aris in Moscow September 12, 2018

Nothing epitomises the transformation Eastern Europe has been through over the last two and half decades like supermarkets full of fresh and enticing produce. Belarusian market leader Eurotorg talks exclusively to bne IntelliNews about the changes.

Belarus urges Russia not to cut petroleum product exports

bne IntelliNews September 11, 2018

Belarus urged Russia not to cancel exports of petroleum products to Belarus, which Moscow argues are not economically viable, Belarusian Deputy Prime Minister Igor Lyashenko said.

Belarus foreign reserves increase by 3.1% m/m in August

bne IntelliNews September 7, 2018

The foreign exchange reserves of Belarus increased by $216mn, or 3.1% month-on-month, to $7.246bn in August

Belarus president accuses government officials of "heavy drinking"

bne IntelliNews September 3, 2018

Belarusian President Alexander Lukashenko was forced to reshuffle the nation's government in August due to the fact that some senior officials “drank a lot”, which is “unacceptable,” he said.

Belarus dramatically revises downward forecast for GDP growth in 2019

bne IntelliNews August 31, 2018

The Belarusian government has dramatically revised downward its forecast for the country’s GDP growth in 2019 (from 4.5% year-on-year to 2.1% y/y), according to the nation's new Economy Minister Dmitry Krutoy.

Belarus fails to become gambling paradise

bne IntelliNews August 27, 2018

Since Russia closed down its casinos and banned gambling in all but four far-away enclaves, cardsharps have been looking for a new home. They might have found it in Minsk, the Belarusian capital.

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