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