Belarusian Monthly Economic Review, No.12(27), December 2004 (PDF/62Kb) [07/12/2004]
The third Chamber of Representatives began its work.
In spite of slower domestic demand growth, the GDP growth rate continues to increase.
A state-owned GSM mobile phone operator was created.
Oil products stimulated export growth.
The reserve requirements for household deposits were reduced.
The NBB considerably increased bank refinancing.
Belarusian Monthly Economic Review, No.11(26), November 2004 (PDF/70Kb) [07/11/2004]
The limit on the number of terms a person can be elected president was abolished at the referendum.
US President Bush signed the Belarus Democracy Act.
Increased oil products exports continue to stimulate industrial growth.
The price of Russian gas to be imported into Belarus in 2005 is still under negotiation.
The commercial banks actively utilized additional sources of funds to provide credits.
Foreign currency futures were traded for the first time at the Belarusian stock and currency exchange.
Belarusian Monthly Economic Review, No.10(25), October 2004 (PDF/70Kb) [06/10/2004]
On October 17, the referendum on abolition of the limit on number of terms in the office of the president will be held.
Higher growth rate in agriculture due to good grain harvest.
State GSM mobile operator is to be set up.
Increase of foreign trade deficit due to rise of world oil prices.
From 2005 it is planned to switch on to the new regime of VAT payment – based on the country of destination.
Monetary Policy Guidelines for 2005 have been approved.
Belarusian Monthly Economic Review, No.9(24), September 2004 (PDF/69Kb) [06/09/2004]
The first package of agreements to shape the Single Economic Area is to be passed in the mid-2005.
Labor productivity growth conduce acceleration of wage growth.
Belarus renewed electric energy import from Russia.
In June the merchandise trade deficit grew by USD 263 m.
In July the government spent more to pay off bonds than it received by selling them.
Slowing down money supply growth at high demand for loans led to shortage of bank liquidity.
Belarusian Monthly Economic Review, No.8(23), August 2004 (PDF/95Kb) [06/08/2004]
President Lukashenko doesn’t rule out the possibility of another presidential run.
Output growth deceleration in a number of sectors of the economy.
Government keeps on pursuing the policy of competition restriction.
In response to merchandise trade deficit some protectionist measures were introduced.
The Ministry of Finance expects a decrease in the fiscal deficit.
Commercial banks have cut excessive reserves in the NBB.
Belarusian Monthly Economic Review, No.7(22), July 2004 (PDF/69Kb) [06/07/2004]
The Russian ruble will not be introduced in Belarus in 2005.
Gazprom and Beltransgaz signed a contract for gas deliveries to Belarus in 2004.
Imports of investment goods grew at a slow pace.
The Ministry of Finance is planning to restructure its debt to the NBB.
The NBB’s purchases of hard currency became the main money supply source.
Collateralized credit auctions will become the main means for regulating banking liquidity.
Belarusian Monthly Economic Review, No.6(21), June 2004 (PDF/66Kb) [06/06/2004]
The share of loss making enterprises dropped by 7.9 percentage points.
Belarus is planning to recommence electric energy imports.
In Jan-Mar the reserve assets grew by USD 103.7 m.
All state enterprises were given VAT and profits tax payment targets to meet.
Reducing the reserve requirements on household deposits led to increased credits to the economy.
Belarusian Monthly Economic Review, No.5(20), May 2004 (PDF/69Kb) [07/05/2004]
PACE reiterated that it seems not yet appropriate to readmit Belarus to special guest status.
Exports and household consumption contributed most to GDP growth.
Belarus offered to Russia Deloitte & Touche as an independent appraiser of the Beltransgaz assets.
The trade surplus with non-CIS countries decreased by 11.2%.
The consolidated revenues reached 107.2% of the plan.
The NBB reduced the reserve requirements for household ruble deposits to 8%.
Belarusian Monthly Economic Review, No.4(19), April 2004 (PDF/67Kb) [06/04/2004]
Stock owned by government employees must be deposited with the trust management of Belarusbank.
Increased exports to Russia helped to accelerate output growth and to improve external trade.
Agricultural enterprises were allowed to postpone debt repayments until January 1, 2009.
The fiscal surplus exceeded 6% of GDP.
Hard currency revenues increased; ruble deposit demand is still high.
Belarusian Monthly Economic Review, No.3(18), March 2004 (PDF/68Kb) [06/03/2004]
Gas deliveries from Russia were temporarily halted on February 18.
The Department for State Property Management of the Ministry of Economy was eliminated.
Wage growth was much slower than productivity growth.
In 2003 Belarus faced a worsening of the terms of trade with Russia.
The budget arrears increased by 26.4% in January.
Time ruble deposits increased substantially in January.
Belarusian Monthly Economic Review, No.2(17), February 2004 (PDF/77Kb) [07/02/2004]
Council of Europe suggests imposing sanction on Belarus.
Gas, thermal and electric energy prices went up.
Trade deficit growth with Russia brought about deterioration of trade balance.
In December 2003 and in January 2004 the budget was revised 4 times.
Acceleration of money supply growth will make it difficult to reduce inflation in 2004.
Share of the state in Belarusbank and Belagroprombank grew due to emission loans of the NBB.
Belarusian Monthly Economic Review, No.1(16), January 2004 (PDF/72Kb) [06/01/2004]
The mandate of the OSCE office in Minsk was extended until January 1, 2005.
Increased production growth was accompanied by employment reductions.
The Belarusian brewery “Krynitsa” paid its debts to the Russian “Baltika” company.
The growing current account deficit required a reduction of the reserve assets.
State expenditures lag behind the budgeted amounts.
The government and the NBB are against an obligatory transfer of the state enterprise accounts to the state banks.
ARCHIVE: [2012] [2011] [2010] [2009] [2008] [2007] [2006] [2005] [2004] [2003] [2002]
|
