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Economy

Belarus' inflation at 4.7% in 2019
13 January, 16:22
In December 2019 the index of consumer prices for goods and services totaled 100.5% as against November 2019 and 104.7% as against December 2018, BelTA learned from the National Statistics Committee of Belarus.
An archive photo
EBRD appoints new chief of Belarus Resident Office
13 January, 13:57
Marina Petrov will replace Alexander Pivovarsky, who has served as Head of Belarus since 2016 and will continue his career at the EBRD's headquarters in London.
Negotiations on tariffs on oil transit via Belarus to continue soon
13 January, 13:36
According to the source, the Belarusian side suggested raising this year's tariffs in line with the current guidelines adopted by the two regulatory authorities and in accordance with the agreements reached in August 2019.
EBRD pours record-high investments in Belarusian economy
13 January, 13:06
According to the source, in 2019 the EBRD set a new record in its operation in Belarus: the bank invested over $433 million (€390 million) in 24 projects in the private sector and the public one, setting a new record high as far as annual investments are concerned.
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EAEU minister speaks about expectations of Belarus' EAEU presidency
13 January, 11:22
The Eurasian Economic Union member states expect a breakthrough in the organization during Belarus' presidency, Member of the Board (Minister) for Industry and Agribusiness Complex of the EEC Aleksandr Subbotin said.
Belarus' gold reserves at 42.2t in 2019
13 January, 11:00
The gold reserves comprise precious metals in the form of bank bullion bars. They are managed by the country's central bank and are part of the state fund of precious metals and precious stones of Belarus. Over the past year, the gold reserves rose by 1 tonne to total 41.2 tonnes on 1 January 2019.
An archive photo
Recommendations in development to adapt farming in Belarus to climate change
10 January, 19:41
The official said: “We are working on the matter of adapting to climate change. The need to adjust the time for sowing and harvesting operations is part of the work.” In her words, the timing of some other farming operations needs to be adjusted as well.
Director of the oil industry research institute BelNIPIneft Aleksandr Tsybrankov
Three new oil deposits discovered in Gomel Oblast
10 January, 18:49
While probing deposits of the Voronezh horizon over 4,000m below the surface the drilling crew secured an oil influx of 100 tonnes per day. According to preliminary estimates, the in-place reserves make up at least 800,000 tonnes.
Photos courtesy of Belinterexpo at the Belarusian Chamber of Commerce and Industry
Belarus to take part in Gulfood 2020
10 January, 13:38
Gulfood is the world's largest annual food and beverages trade show. The participants of the exposition titled as Belarus. The Taste of Nature will have an opportunity to hold negotiations with buyers and importers from more than 190 countries.
Belarusian nuclear power plant makes part of Belenergo
10 January, 10:20
The Belarusian nuclear power plant (BelNPP) was incorporated into the Belarusian national electric company Belenergo on 1 January 2020. This decision will allow pursuing a uniform technical policy in electricity generation.
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