Belarus Inflation at Record Low
Belarus Inflation at Record Low

Belarus Inflation at Record Low

Belarus Inflation at Record Low

Belarus inflation over the last nine months reached 2.7%. It was projected at 9% in the beginning of 2017. This is a record low in the history of the Belarus, Deputy Prime Minister Anatoly Kalinin noted at the joint session of the Belarusian Parliament on Friday, BelTA reported. He stressed that the domestic currency market is properly operating in Belarus and the loans for real economy continue getting cheaper. In September, the average annual interest rate on new loans reached 12.3% for legal entities and 12.1% for individuals. The refinancing rate was reduced to 11% the same month. “The trends remain positive in the main economic sectors, too. The industrial output increased by 6.1%. The production of vehicles, equipment, electronic devices and chemical products has also been growing. There has been progress in wood processing, metallurgy, pharmaceutics and light industry,” he said. The number of loss-making enterprises has dropped.


Short URL : https://goo.gl/3CgD3T
  1. https://goo.gl/itcLhp
  • https://goo.gl/Xo95yU
  • https://goo.gl/58bx2n
  • https://goo.gl/9Pez6W
  • https://goo.gl/bcW7xt

You can also read ...

Shifting transactions from cash to digital payments holds great promise for  individuals, businesses and governments.
More than 23% of the world's economy operates out of sight of...
Federal Reserve Board Chairman Jerome Powell speaks during a hearing before the Senate Banking, Housing and Urban Affairs Committee.
US Federal Reserve Chairman Jerome Powell said protectionism...
India Launches 888 Anti-Dumping Probes
The Indian government has initiated as many as 214 anti-...
Fitch Retains Philippine  Debt Rating
Global debt watcher Fitch Ratings kept the Philippines’...
The warnings come amid a period of financial uncertainty for the world.
US officials who helped the country survive the 2008 financial...
EU to Fine Google $5 Billion
Google will be fined about €4.3 billion ($5 billion) by the...
UN to Help Rebuild Gaza Economy, Create Jobs
Against the backdrop of rapidly rising tension, violence,...
Africa Next Frontier for Crypto
Cryptocurrency is not bound by geography because it is...

Add new comment

Read our comment policy before posting your viewpoints