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Belarus increases funding of state investment program by over 50%

Financing of the state investment program has been augmented by more than 50%, First Deputy Economy Minister Yuri Chebotar said commenting on Decree No. 257 signed by the head of state to clarify the 2022 state investment program, BelTA has learned. ....

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Economy Ministry reveals outcomes of work to fulfill tasks set by Belarusian People's Congress

The first deputy minister emphasized that the work on creating the necessary legal framework continued throughout the year. The Economy Ministry coordinated efforts to achieve four priorities of the five-year plan: a happy family, strong regions, intellectual resources and a partner state. ....

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Chebotar: 2022 priorities are investment, export, salaries

According to First Deputy Economy Minister Yuri Chebotar, the efforts to reduce regional inequality rely on effective operation of the real economic sector, BelTA learned from the press service of the Economy Ministry. ....

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Belarus' exports remain on growth track

A number of factors contributed to the export growth. Firstly, the reputation of Belarus-made products that are known for their optimal price/quality ratio. Secondly, the effective work of company managers who promptly adjusted production plans, marketing strategies, and supply chains. ....

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Belarus negotiating infrastructure financing with international organizations

Belarus negotiating infrastructure financing with international organizations
An archive photo
MINSK, 5 March (BelTA) – Plans to raise funds of international financial organizations to finance infrastructure projects in Belarus have been discussed by First Deputy Economy Minister Yuri Chebotar at a meeting of the ministry s collegium, BelTA has learned.
“One of the sources of investment are funds of international financial organizations. Loan agreements worth more than €1 billion were concluded over the last four years alone. These are projects in road reconstruction, energy efficiency, solid waste management, just to name a few. However, cooperation was greatly hampered in 2020. Nevertheless, we managed to raise €190 million from the World Bank for projects in the social sector, including projects to bolster the health system during the pandemic. These funds are used to purchase medical equipment today,” Yuri Chebotar said. ....

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