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Belarus launches competition of small business investment projects

The best projects will be awarded the state financial support in the form of loan and finance-leased assets.

Belarus economy minister explains new business support mechanism

Economy Minister Yuri Chebotar told the Belarus 1 TV channel how businesses can receive financial support, BelTA has learned.

New manufacturing projects seen as instrumental in reducing Belarus, Russia s reliance on imports

Yury Chebotar noted that the common market of the Union State has always been a priority for Belarus and Russia. The share of Belarus in Russian imports increased to 8.8%, and the share of Russian supplies in Belarus' imports amounted to about 53%.

Anticrisis management system efficient at mitigating effect of sanctions on Belarus

Tatiana Brantsevich said: “The year 2022 presented very serious challenges before the country's economy. An anticrisis management system was established within a short period of time and allowed softening the impact of sanctions-based restrictions on the economy and the population.”

Contest of small business investment projects open in Belarus

Types of state financial support will include a loan (provision of funds on a repayable basis) and property leasing (provision of property on terms of financial lease).

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