Current taxes will not be raised and no new taxes will be introduced in Belarus till 2020 (Browse now to learn wh). The provisions are stipulated by Ordinance No. 7 “On entrepreneurship development”, which the head of state signed on November 23. The ordinance prohibits raising tax rates and introducing new taxes, fees, and duties…
The recent GDP growth figures point to Belarus’ gradual economic recovery, Director of Alpari Eurasia Alexander Sabodin said during the online conference on November 22. “The transition from the two-year recession to the GDP growth is a sign that the hardest times are behind us,” he said. The expert stated, however, that the country’s economic…
Belarusian dairy products will keep their positions on the Russian market due to their popularity, including the popularity of Belarusian cheeses, Aleksei Bogdanov, Head of the Central Office for Foreign Economic Activities of the Belarusian Agriculture and Food Ministry, reported in response to Russian plans to stop importing cheese completely. The official said: “We are…
The exposition of Belarusian producers “Made in Belarus” will be organized at the exposition of agriculture and food industry Agro Food Drink Tech Expo that will be running in Tbilisi, Georgia on November 20-22, the Belarusian Chamber of Commerce and Industry reported. Taking part in the exhibition will be nine Belarusian companies. Belprodukt will showcase…
Belarus’ economic growth will make up about 1.7% in 2017, IMF mission chief for Belarus Peter Dohlman declared on November 9. “We suppose that the economic growth will reach about 1.7% in 2017 and will stay at about 2% in the midterm,” the IMF mission chief for Belarus said. Earlier, the IMF forecasted Belarus’ GDP…
The European Bank for Reconstruction and Development (EBRD) has revised upward the forecast for Belarus’ GDP growth to 1.5% in 2017, according to the Bank’s website. In 2018 the Belarusian economy will expand by 2%. The EBRD also revised Russia’s GDP forecast up to 1.8% in 2017. The bank also revised Russia’s GDP growth forecast…
The central bank intends to reduce the refinancing rate to 10% per annum in 2018, Chairman of the Board of the National Bank of the Republic of Belarus (NBRB) Pavel Kallaur said on the sidelines of the KEF 2017 conference Foundations of the Future on November 2. The National Bank’s draft monetary management policy for…