Belarusian Monthly Economic Review, No.3(3), December 2002 (PDF/79Kb) [04/12/2002]
President Lukashenko banned entry to the EU and the USA.
Wage arrears reached 18.3% of total wages.
Tariffs for households on gas and electricity were increased 1.5-2 times.
Trade balance deficit increased by USD 188.6 m.
The 2003 draft budget was adopted in the first reading.
Real interest rates are likely to be negative in Nov-Dec.
Belarusian Monthly Economic Review, No.2(2), November 2002 (PDF/83Kb) [04/11/2002]
Entrepreneurs demand simplification of rules for business.
Light industry experienced output decline in spite of growth of internal demand.
The Vitebsk regional executive council has signed a resolution on registration of “Naftan” and “Polymir” Joint Stock Companies.
Foreign official reserves decreased by USD 50 m since the start of the year.
Increase in social expenditures puts pressure on central budget.
11.2% of all commercial banks credits are still bad credits.
Belarusian Monthly Economic Review, No.1(1), October 2002 (PDF/91Kb) [04/10/2002]
President Lukashenko rejects President’s Putin proposals for political integration between Russia and Belarus.
37.5% of Belarusian enterprises continue to make losses despite of GDP growth.
Import of beer became subject to licensing. The cost of a license exceeds USD 10,000.
Share of exports to EU countries increased significantly.
The 2002 budget was reconsidered and increased.
Inflation will be higher than officially expected.
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