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Belarusian economics

On State Registration and Liquidation (Termination of Activities) of Business Entities

January 22, 2009
The President of the Republic of Belarus has signed Ordinance No 1 which brings the declarative principle of business registration into full force as from 1 February 2009. The principle shall be applicable to all businesses with the exception of banks and non-bank financial institutions.
 

Belarus President promises liberalization of economy, society

December 19, 2008
Both the economy and society will be liberalized in Belarus, President of Belarus Alexander Lukashenko said in an interview with heads of leading Belarusian mass media on December 18.
 

Belarus economy growth rate continues accelerating

November 21, 2008
In January-October 2009 key industries of the Belarusian economy preserved positive dynamics of manufacturing and investment activities, said representatives of the Economy Ministry after analysing the country’s social and economic development over the ten months of the year.
 

Belarusian banking system remains stable, expert says

October 22, 2008
In the face of the global financial crisis the Belarusian banking system remains stable, Felix Chernyavsky, President of the Association of Belarusian Banks, said at the Belarusian finance and investment forum in Minsk on October 22.
 

Full return of all bank deposits will be guaranteed in Belarus

October 18, 2008

Full return of all bank deposits will be guaranteed in Belarus in line with the presidential decree the National Bank has been commissioned with working out within a short time. Head of state Alexander Lukashenko gave the relevant instruction to Chairman of the Board of the National Bank of the Republic of Belarus (NBRB) Piotr Prokopovich on October 17, BelTA learnt from the presidential press service.

 

NBRB: Belarusian banks have enough liquid funds

October 9, 2008
Belarusian banks have enough liquid funds in national and foreign currencies, declared Sergei Dubkov, member of the Board of Directors of the National Bank, Head of the Central Banking Supervision Department, as he commented on possible consequences of the global financial crisis for the Belarusian banking industry.
 

EBRD: measures Belarus takes to improve business climate are substantial

October 6, 2008
The measures Belarus takes to perfect the business climate are extremely substantial, said Varel Freeman, EBRD First Vice President, as he met with Prime Minister of Belarus Sergei Sidorsky.
 

WB, IMF praise professionalism of banking specialists in Belarus

October 1, 2008
The World Bank and the International Monetary Fund (IMF) praise the high professional level of specialists of the banking sector of Belarus.
 

NBRB: no direct effect of global financial instability on Belarus’ economy

June 12, 2008
In 2007 the direct influence of the instability of global financial markets on Belarus’ economy was limited, says an analytic review “Financial stability in the Republic of Belarus in 2007” presented by the National Bank of the Republic of Belarus (NBRB).