Belarus: GDP up in H1 2017

According to initial estimates, Belarus’ gross domestic product totaled Br47.3 billion in January-June or 101% as against January-June 2016 in comparable prices, the National Statistics Committee of Belarus declared. In January-June the deflator index of Belarus GDP totaled 107% as against the same period of last year. (BelTA/Business World Magazine)

Azerbaijan: Saudi Arabia keen to establish broad trade and economic cooperation

A large delegation from Saudi Arabia, which will include representatives of both, state structures and the private sector, plans to visit Azerbaijan in October. Azerbaijan and Saudi Arabia enjoy successful cooperation in a number of areas and have fruitful bilateral cooperation within international organizations. During the upcoming meeting of the intergovernmental commission on trade and…

Belarus: inflation to go down to 5% soon

The inflation rate in Belarus can be reduced to 5% in the near future, Economy Minister Vladimir Zinovsky reported. “The inflation target for 2017 is under 9%. However, the consumer price index rose at a slower pace, which gives reason to expect the inflation to trend around 7%. The most important thing is to make…