-
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
In 2020, Belarusian meat processors managed to increase the production of sausages and smoked meats due to the growth of domestic demand amid the coronavirus epidemic, as well as due to the favorable conjuncture of the Russian market.
2020 not only did not solve the problems of Belarus, but also added new ones. So, the expectations that next year it will be possible to get significant benefits due to lower energy prices, were not satisfied: the gas price remains at the level of 2020, and the oil price will even increase due to the tax maneuver in Russia. The question of the timing of the receipt of the second part of the Russian loan funds remains unresolved.
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.
