In February Belarus’ gold and foreign currency reserves rose by $37.3 million (by 0.7%), if calculated in accordance with methods of the International Monetary Fund, to $5.022 billion as of March 1, according to the Information and PR Department of the National Bank of the Republic of Belarus. In February the country’s gold and foreign…
This year the Belarusian automobile engineering company MAZ will start making Euro-6 compliant trucks for the European market, representatives of the company reported. The Belarusian automaker intends to sell new dump trucks, chassis, and truck tractors with various wheel formulas (4×2, 6×4, and 8×4) to the European Union. The trucks will be powered by Mercedes-Benz…
Belarusian construction companies will continue building public welfare homes in Venezuela. The plans were discussed when Ambassador Extraordinary and Plenipotentiary of Belarus to Venezuela Oleg Paferov met with Venezuelan Minister of Housing and Habitats Manuel Quevedo, the press service of the Belarusian Ministry of Foreign Affairs reported. During the meeting the sides discussed prospects of…
As of February 1, Belarus’ external state debt totaled $13.5 billion, down by $95.7 million or by 0.7% from the beginning of the year (taking into account differences in currency exchange rates), representatives of the Belarusian Finance Ministry declared. In Januaryexternal state borrowings totaled $36.8 million, including $21.8 million borrowed from the Russian government and…
Belarus plans to increase its baby food exports to Pakistan to $1.1 million in 2017, Aleksei Bogdanov, the head of the main division for foreign economic affairs at the Agriculture and Food Ministry, declared as he attended the meeting of the Belarus-Pakistan working group on cooperation in agriculture. “As for our export to Pakistan, it…
Belarus has shipped the first batch of dairy products to Syria, Aleksei Bogdanov, the head of the main department for foreign economic affairs at the Agriculture and Food Ministry, said. Ten containers with powdered milk and butter were shipped to Syria in January. “As for Syria, this country has a huge interest in the delivery,…
The refinancing rate of the National Bank of the Republic of Belarus (NBRB) was reduced from 17% to 16% per annum on February 15, the NBRB Information and PR Office reported. Apart from that, the interest rate on standing and bilateral operations designed to keep up the current liquidity of Belarusian banks was reduced from…