Belarusian economy horoscope for 2014

Recently government exchanged views on the current and future state of the economy with parliamentarians. The obvious conclusion – the situation is complicated. “This year was very difficult,” - said Belarus Prime Minister Mikhail Myasnikovich at the joint meeting of both houses of the National Assembly on November 22. But it’s too early to summarize. Basic economic regulations including Decree about indicators, budget and budget-laws must be adopted by the end of the year.

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Time to worry about savings in USD?

 During autumn certain rumours have begun spreading in Belarus about possible ban on withdrawal of deposits in foreign currency  from Belarusian banks. They appeared after the publication of the article in the govermental newpaper “Respublika”, in which the author wrote about the reasonability of the banks refusal of accepting deposits in foreign currency in general. People are also worried with current state of Belarus trade balance which has turned negative within last six month.

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