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News Performance of Belarusian economy affected by unfavorable external factors
The Belarusian economy is currently performing on the back of stressful and unfavorable external factors, Belarus' Prime Minister Andrei Kobyakov said as he met with President Alexander Lukashenko on 23 September to present the report on the country's economic performance in 2016 and the draft social and economic development forecast for 2017, BelTA has learned. “Today the economy is operating in the conditions of the stressful and unfavorable scenarios developed to make forecasts at the beginning of the year,” said Andrei Kobyakov. The Prime Minister used the comprehensive analysis of the country's economic performance in the past eight months to name three major periods. “January-February was a stress period, with the oil price equaling $30 and less and the exchange rate standing at RUB80 per US dollar. March-June was a period of recovery. July-August – a period of negative impact, first of all, because of a decline in Russian oil deliveries to the Belarusian oil refineries and also due to an unfavorable situation in the agricultural sector,” he explained. According to Andrei Kobyakov, the reduction in the cost and volumes of potash exports also influenced the economic performance in January-August 2016. Back to "All news" | Print version 25.04.2024LLC Kalina is engaged in the production of dietary supplements, processing of medicinal plants. 24.04.2024LLC Kalina is engaged in the production of dietary supplements, processing of medicinal plants. 23.04.2024UE «Vitebskoblgas» PD «Vitebsktorf» The Republic of Belarus 23.04.2024Mogilev CSMS provides the following types of services: certification of food products. Mogilev CSMS is accredited for certification of food safety management systems 22.04.2024Lesdrevconsult LLC is a dynamically developing company We are the official distributor of FARMERTEC and HOLZFFORMA products in the EAEU. Gasoline tools and spare parts for them. Info centerAbout UsFAQ / HelpPartnersContactsBusiness NewsPress ReleasesTrade ShowsLegal informationServices
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