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English
The review includes the analysis of the macroeconomic indicators, economy financial performance, and credit and monetary policy. A certain section of the review is devoted to the situation in the real sector of the economy by main kinds of activities. The review describes the most probable scenarios of developments.
SUMMARY
I. ECONOMY OF BELARUS – RESULTS OF 2018
GDP and industrial production
Public debt and gold and foreign exchange reserves
Belarus in the international context
Leaders and outsiders of the Belarusian economy
Troubled debts of economic entities
Leaders and outsiders of the Belarusian economy
Consumer sector
II. ECONOMY OF BELARUS – 2019
Optimistic scenario
Basic scenario
Pessimistic scenario
Forecast for development in a range of branches
VOLUME: 41 pages
COST: USD 470.00
The US Congress approved the 2020 Bill of Belarusian Democracy, Human Rights and Sovereignty.
In January-September 2020, the GDP of Belarus amounted to BYN 106.6 billion, or in comparable prices 98.7% over the same period in 2019. In addition to the coronavirus epidemic and two currency crises, the main impact on the economic decline was made by the decrease in turnover in the petrochemistry and mechanical engineering.
Among other obvious factors, the protests in Belarus were the result of global changes in the economy. The old model, the tangible industrial one, is more and more moving aside, and it is being replaced by a new, information technology model generally known as postindustrial.
In 2020, the Belarusian economy experienced several disturbances: a decrease in the Russian crude supplies, the pandemic consequences, and two foreign exchange crises in March and August. As a result, the GDP of Belarus in January-July 2020 amounted to BYN 80.0 billion, or 98.4% in comparable prices compared with the same period in 2019.
In January-March 2020, Belarus; GDP amounted to 99.7% in comparable prices as against January-March 2019. Although Belarus' GDP gradually began to win back the January fall in February-March of this year, the index is nevertheless decreasing.
