Government projects economic growth of 4.1 percent next year

August 1, Pozirk. The Belarusian government is expecting economic growth of 4.1 percent in 2025, Prime Minister Raman Hałoŭčanka told officials on July 31.

The Council of Ministers considered a package of next year’s targets at the meeting, according to its press office.

The government projects a rise of 4 percent in real income, 7.8 percent in investment, while exports of goods and services are expected to grow by 5.4 percent.

The government is set to keep inflation below 5 percent.

Speaking about the budget, Hałoŭčanka said that “a small increase of 7.8 percent” is anticipated in revenue, with receipts projected at 45.5 billion rubles. However, the government plans a deficit.

In January-June, gross domestic product rose by 5 percent year on year, said the National Statistical Committee in its preliminary assessment.

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Łukašenka wants Academy of Sciences to contribute more to economy

July 30, Pozirk. The Belarusian National Academy of Sciences has recently “made serious miscalculations,” Alaksandar Łukašenka has told officials at a meeting discussing research. A few weeks ago, the Belarusian ruler authorized setting up a working group to analyze the …

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