The research branch of international mobile operator association GSMA has released a report on the mobile economy in Russia and 11 neighbouring countries that found the digital economy and telecoms services are growing faster than the global average.
Eurotorg (aka Euroopt) was due to be floated on the London Stock Exchange in what would have been the small northern republic’s first ever IPO but postponed the offering blaming poor market conditions.
Reserves were bolstered by budget revenues, a loan tranche from the Eurasian Fund for Stabilisation and Development, and revenues from selling foreign currency denominated government bonds.
Belarus' GDP grew by 3.7% year-on-year in January-September following the same growth in January-August (and a 4.4% y/y growth in January-July), according to the national statistics agency Belstat.
Russia’s Atomstroyexport is close to completing Belarus’ controversial $11bn Astravets nuclear power plant that will change the energy security mix in the Baltic states.