Belarus' long-term rating as a foreign currency issuer remains at 'RD' (Restricted Default), Fitch Ratings said. Fitch explains that Belarus continues to pay its USD-denominated Eurobond in the local currency, contrary to bond documentation which does not allow for settlement in alternative currencies.
Annual inflation in the Republic of Belarus was 16.8%, the National Statistical Committee reported. The researchers compared data from April 2022 to April 2021. Monthly inflation in Belarus in April was 1.6%.
Situation with filghts from Minsk and other Belarusian cities is getting worse due to situaiton in Ukraine. The possible destiions for Belarusians this year will remain Egypt and Turkey.
Russia's military actions against Ukraine have already resulted in a number of terrible consequences, including economic consequences. How will it affect Belarus and its economy?
Restrictions on transactions and difficulties with servicing Visa and Mastercard cards are forcing Belarusian businesses and ordinary people to look for alternative options. Chinese yuan and the UnionPay payment system are being considered as one of them.
The Great Britain Men’s National Team will not travel to Belarus for their FIBA 2023 World Cup Qualifier this week because of the threat of serious military action in the region. GB were due to face the Belarusians in Minsk on 25 February, flying to the former Soviet state for preparation a few days before that.
Deputy Minister of Health Boris Androsyuk anounced: "Despite COVID19 we managed to fulfill plan on export of medical services, probably due to the policy of openness of our country. We ensured a 20% growth and export exceeded $40 million.
The new hotel opened in the center of Grodno in place of a building that was demolished 15 years ago. The owners initially planned to build a three-storey shopping and administrative center, but finally they opted for a small hotel.
Minsk and Moscow have advanced by about 30% in the implementation of the integration maps. Now special attention is focused on the following areas: the tax sphere, customs cooperation, and the formation of a unified gas market.
Boris Gryzlov became the new ambassador of Russia to Belarus. Since 2018, this is the fourth change of the Russian ambassador in our country. What to expect from his appointment?
Against the backdrop of problems within the international arena and the ever-increasing political and economic isolation of Minsk, the role of China within Belarusian affairs continue to grow. Should we expect even more cooperation as Belarusian authorities hope?
