Warning: Undefined array key "showDtlInfo" in /var/www/h94127/data/www/pionerprodukt.by/modules/usd.news/inc/UNews.php on line 1932

Warning: Undefined array key "showDtlInfo" in /var/www/h94127/data/www/pionerprodukt.by/modules/usd.news/inc/UNews.php on line 1932

Warning: Undefined array key "showDtlInfo" in /var/www/h94127/data/www/pionerprodukt.by/modules/usd.news/inc/UNews.php on line 1932

Warning: Undefined array key "showDtlInfo" in /var/www/h94127/data/www/pionerprodukt.by/modules/usd.news/inc/UNews.php on line 1932

Warning: Undefined array key "showDtlInfo" in /var/www/h94127/data/www/pionerprodukt.by/modules/usd.news/inc/UNews.php on line 1932

Warning: Undefined array key "showDtlInfo" in /var/www/h94127/data/www/pionerprodukt.by/modules/usd.news/inc/UNews.php on line 1932

Warning: Undefined array key "showDtlInfo" in /var/www/h94127/data/www/pionerprodukt.by/modules/usd.news/inc/UNews.php on line 1932

Warning: Undefined array key "showDtlInfo" in /var/www/h94127/data/www/pionerprodukt.by/modules/usd.news/inc/UNews.php on line 1932

Warning: Undefined array key "showDtlInfo" in /var/www/h94127/data/www/pionerprodukt.by/modules/usd.news/inc/UNews.php on line 1932

Warning: Undefined array key "showDtlInfo" in /var/www/h94127/data/www/pionerprodukt.by/modules/usd.news/inc/UNews.php on line 1932

Warning: Undefined array key "showDtlInfo" in /var/www/h94127/data/www/pionerprodukt.by/modules/usd.news/inc/UNews.php on line 1932

Warning: Undefined array key "showDtlInfo" in /var/www/h94127/data/www/pionerprodukt.by/modules/usd.news/inc/UNews.php on line 1932

Warning: Undefined array key "showDtlInfo" in /var/www/h94127/data/www/pionerprodukt.by/modules/usd.news/inc/UNews.php on line 1932

Warning: Undefined array key "showDtlInfo" in /var/www/h94127/data/www/pionerprodukt.by/modules/usd.news/inc/UNews.php on line 1932

Warning: Undefined array key "showDtlInfo" in /var/www/h94127/data/www/pionerprodukt.by/modules/usd.news/inc/UNews.php on line 1932

Warning: Undefined array key "showDtlInfo" in /var/www/h94127/data/www/pionerprodukt.by/modules/usd.news/inc/UNews.php on line 1932

Warning: Undefined array key "showDtlInfo" in /var/www/h94127/data/www/pionerprodukt.by/modules/usd.news/inc/UNews.php on line 1932

Warning: Undefined array key "showDtlInfo" in /var/www/h94127/data/www/pionerprodukt.by/modules/usd.news/inc/UNews.php on line 1932

Warning: Undefined array key "showDtlInfo" in /var/www/h94127/data/www/pionerprodukt.by/modules/usd.news/inc/UNews.php on line 1932

Warning: Undefined array key "showDtlInfo" in /var/www/h94127/data/www/pionerprodukt.by/modules/usd.news/inc/UNews.php on line 1932

Warning: Undefined array key "showDtlInfo" in /var/www/h94127/data/www/pionerprodukt.by/modules/usd.news/inc/UNews.php on line 1932

Warning: Undefined array key "showDtlInfo" in /var/www/h94127/data/www/pionerprodukt.by/modules/usd.news/inc/UNews.php on line 1932

Warning: Undefined array key "showDtlInfo" in /var/www/h94127/data/www/pionerprodukt.by/modules/usd.news/inc/UNews.php on line 1932

Warning: Undefined array key "showDtlInfo" in /var/www/h94127/data/www/pionerprodukt.by/modules/usd.news/inc/UNews.php on line 1932

Warning: Undefined array key "showDtlInfo" in /var/www/h94127/data/www/pionerprodukt.by/modules/usd.news/inc/UNews.php on line 1932

Warning: Undefined array key "showDtlInfo" in /var/www/h94127/data/www/pionerprodukt.by/modules/usd.news/inc/UNews.php on line 1932

Warning: Undefined array key "showDtlInfo" in /var/www/h94127/data/www/pionerprodukt.by/modules/usd.news/inc/UNews.php on line 1932

Warning: Undefined array key "showDtlInfo" in /var/www/h94127/data/www/pionerprodukt.by/modules/usd.news/inc/UNews.php on line 1932

Warning: Undefined array key "showDtlInfo" in /var/www/h94127/data/www/pionerprodukt.by/modules/usd.news/inc/UNews.php on line 1932

Warning: Undefined array key "showDtlInfo" in /var/www/h94127/data/www/pionerprodukt.by/modules/usd.news/inc/UNews.php on line 1932

Economics from PionerProdukt

 
  • Belshina wrote off exchange differences and received a net loss of 274 million rubles
    Belshina's revenue in 2017 increased by 10.2% to RUB 740 million. Such information is contained in the company's annual report published on the Unified Financial Market Portal. Profit from sales increased by 24% to 22.57 million rubles. Long-term loans and borrowings at the beginning of 2018 amounted to 357.8 million rubles, short-term - 264.5 million. Short-term accounts receivable amounted to 18...
  • Cut bankers and power engineers, scientists and hockey players - for the result. For whose salaries "took" the president
    Alexander Lukashenko today criticized bankers for high salaries. “Bank employees must correspond to the level that has developed in the country in terms of wages and incomes,” the head of state said, listening to a report on certain issues of credit and financial organizations. FINANCE.TUT.BY looked at the salaries of which other workers the president publicly spoke about. Salaries in the banking ...
  • At the auction on November 15, the dollar crossed the threshold of 2 rubles
    On November 15, the Belarusian Currency and Stock Exchange held regular currency trading. The ruble continues to fall in price against the dollar, and the Russian currency has similar trends. At the same time, since the beginning of the year, the dollar has risen in price by only 2%. The dollar rose by BYN......
  • External public debt has grown by $2.7 billion since the beginning of the year
    As of October 1, 2017, the state debt of Belarus amounted to 41.4 billion rubles and increased by 4.4 billion rubles, or 12.0%, compared to the beginning of 2017, the Ministry of Finance reports. External public debt as of October 1, 2017 amounted to 16.3 billion US dollars , having increased since the beginning of the year by 2.7 billion US dollars, or by 19.5%, taking into account exchange rate ...
  • Forbes named the richest people in the world
    The founder and head of the online retailer Amazon, billionaire Jeff Bezos has again risen to the first line of the ranking of the richest people in the world compiled by Forbes magazine. His fortune is estimated at 93.1 billion dollars. Bezos surpassed Microsoft founder Bill Gates by $3.2 billion. In third place in the ranking is investor Warren Buffett with $8......
  • Hit "popizzot". In Belarus, for the first time in the last 7 months, the average salary fell
    The average salary in Belarus in September amounted to 831.3 rubles, Belstat reports. This is 13.1 rubles less than in August. The average salary in Belarus fell for the first time in the last 7 months. In terms of the weighted average dollar rate for September, the average salary was $429 (a month earlier - almost $435). In September, they received an average of 1,137.1 rubles in Minsk, 723.4 rub...
  • Russia has calculated the amount of the Belarusian debt
    Belarus' debt on state loans provided by Russia amounted to $6.5 billion at the beginning of October. This is reported by RIA Novosti with reference to information materials for the participation of Russian Prime Minister Dmitry Medvedev in a meeting of the Intergovernmental Council of the EAEU. “As of October 2, 2......
  • Russia lent US $2.3 billion in a month
    Russia in August 2017 increased investment in US government bonds by $2.3 billion to $105.4 billion. This is evidenced by data from the US Treasury. Compared to August 2016, the portfolio of US bonds of the Russian Federation increased by $18 billion. Russia currently ranks 14th among holders of US bonds. The leaders of this list in the last 1......
  • The National Bank does not plan to allow settlements in cryptocurrencies
    The issue of allowing settlements in crypto-currencies is not being considered in Belarus, Chairman of the Board of the National Bank Pavel Kallaur said on October 18 at the opening of the international forum on banking information technologies BankIT'2017, BelTA informs. “As for cryptocurrencies, the issue of allowing settlements in cryptocurrencies for goods, works, services on the territory of ...
  • Can't get out of the loop. Real incomes of Belarusians continue to decline
    Real disposable money incomes of Belarusians are still declining. In January-August, this indicator decreased by 0.1% compared to the same period last year, Belstat reports. Reference: The real disposable money income of the population is one of the main economic indicators by which the well-being of citizens is determined. It is calculated by dividing the nominal growth rate of disposable money i...
  • Russia will limit the amount of purchase of cryptocurrencies
    In Russia, they plan to introduce a limit on the amount of purchases of cryptocurrencies. Such a proposal, said Deputy Finance Minister Alexei Moiseev, was adopted at a meeting with Russian President Vladimir Putin dedicated to cryptocurrencies. “[The proposal] is conceptually supported, but you need to know how much. We need to look at international practice,” the deputy minister said. Previously...
  • Washington moves to cancel Obama's climate change plan
    The US government has given the green light to cancel the Clean Power Plan for the generation of clean electricity, developed by former President Barack Obama. On Tuesday, October 10, the head of the Environmental Protection Agency (EPA), Scott Pruitt, signed the relevant draft resolution. As stated by representatives of the EPA, the plan causes significant damage to the national energy sector due...
  • Belarusians handed over more than $200 million net in September
    Belarusians in September reduced the sale of cash currency by 7 % compared to August - to 6 29.4 million dollars. Purchasing foreign currency after the end of the holiday season fell even more significantly, by 14.9% to $ 407.5 million . At the same time, for twenty months the population has remained a net seller of cash currency, according to the materials of the National Bank of Belarus. In Sept...
  • Euroopt owners are looking for buyers of Eurobonds worth $350 mln
    Eurotorg, which owns the largest chain of stores in Belarus, Euroopt, plans to issue the first corporate Eurobonds in the country's history. This is reported by the Financial Times, citing an informed source. According to the publication, Eurotorg plans to issue Eurobonds for $350 million for a period of 5 years. JP Morgan and Russian banks Sberbank and Renaissance Capital have been announced as j...
  • Saudi Arabia to drastically cut oil exports after King meets Putin
    Saudi Arabia is set to drastically cut oil supplies next month. This is reported by Bloomberg with reference to the message of the Ministry of Energy of the kingdom. The decision to drastically cut oil exports came after the recent visit of King Salman bin Abdulaziz Al Saud to Moscow, where he met with Russian President Vladimir Putin. State oil monopoly Saudi Aramco will cut oil exports by 56.......
  • "Growth of the economy by 2% per year." S&P upgrades long-term credit rating of Belarus
    The international rating agency Standard & Poor's raised the long-term sovereign credit rating of Belarus for liabilities in foreign and national currencies to the level of "B" and maintained a stable outlook. The short-term foreign and local currency rating was affirmed at 'B'. This is stated in the message of the agency. S&P said Belarus' GDP growth and the provision of external financing contri...
  • Russia again suspected Belarus of re-export of Turkish tomatoes
    The Rosselkhoznadzor notes the excess of the volume of supplies of tomatoes from Belarus compared to the planned one by 2.3 thousand tons. At the same time, as the department points out, the fact that Belarus itself has begun to buy more tomatoes from Turkey is alarming. According to the press service of the Russian department, this issue was discussed with the director of the Main State Inspector...
  • National Bank: bad debts are practically not decreasing, but banks are still carrying this burden
    First Deputy Chairman of the Board of the National Bank Taras Nadolny spoke about the results of stress tests conducted in Belarusian banks. “Today, we cannot say that the stress test results are worse than last year. At the same time, there are questions about the quality of the portfolio of banks and problem debt, which practically does not decrease,” he said. According to Nadolny, as of Septemb...
  • The IMF does not intend to resume negotiations with Belarus.
    The IMF does not intend to resume negotiations with Lukashenka. The mission of the International Monetary Fund will work in Minsk from October 26 to November 10. As First Deputy Finance Minister of Belarus Maxim Yermolovich reported earlier , negotiations on a new program with the IMF have been suspended for the time being. What will the next visit of the IMF mission to Belarus give, the publicati...
  • The Belarusian market turned out to be more attractive for Russian business than the Bahamas
    Belarus accumulated almost 70% of the direct investments of Russian residents attracted to the countries of the former USSR (with the exception of the Baltic States) and ranked first in terms of their volume. Of the total amount of $499 million that was invested by Russian companies in the region in the first quarter of this year, Belarusian recipients accounted for $346 million, the Central Bank ...
  • External public debt has increased by $2 billion since the beginning of the year
    Since the beginning of the year, the external public debt of Belarus has grown by 14.7%, or $2 billion, taking into account exchange rate differences , to $ 15.7 billion as of September 1, the Ministry of Finance reports. The entire public debt of Belarus as of September 1, 2017 amounted to 39.6 billion rubles, having increased by 2.7 billion rubles, or 7.2%, compared to the beginning of the year....
  • National Bank: the risk of capital outflow from Belarus is minimal, the structure of deposits is improving
    The National Bank does not share the fears of some banks regarding a possible outflow of capital from the country, Deputy Chairman of the Board of the National Bank Dmitry Kalechits told reporters today on the sidelines of the Belarusian Investment Forum. “We are constantly monitoring the situation on the deposit market, it is quite stable. Of course, the attraction of ruble deposits is no longer ...
  • Belgazprombank allows outflow of funds from Belarus amid lower interest rates
    A twofold increase in the rate of deductions to the Fund of Required Reserves (FOR) for attracted funds in foreign currency does not contribute to the acceleration of de-dollarization of the economy and reduces the effectiveness of the measures taken by the National Bank in monetary policy earlier. This is stated in a letter from the management of Belgazprombank to the Association of Belarusian Ba...
  • The National Bank in a small step again reduces the refinancing rate
    The Board of the National Bank decided to reduce the refinancing rate from 11.5% to 11% per annum from October 18, 2017, the press service of the National Bank reported. This is already the eighth rate cut this year, the first six cuts were in increments of 1 p.p. “Inflationary processes continue to slow down. In August 2......
  • The economy of Belarus continues to grow. But there are two snags
    Judging by the latest statistics, Belarus is gradually coming out of the crisis. According to Belstat data, the situation in the economy continues to improve. For example, in January-August 2017, the country's GDP grew by 1.6% compared to the same period last year. In addition, other important economic indicators are also encouraging: industrial output rose by 6.1%, agricultural output - by 3.6%, ...
  • Top 10 richest women in the world
    After the death of the 94-year-old daughter of the founder of L'Oreal, Liliane Betancourt, the list of the richest women in the world has undergone significant changes. The Frenchwoman has held the top spot on the Forbes list for the past few years, but now another woman is at the top. According to Forbes, Betancourt was worth $44.6 billion. She was called the richest woman in history. At the time...
  • The number of poor people has increased in Belarus. Which regions have the most low-income people?
    The number of Belarusians who fell below the poverty line continues to grow. According to a sample survey of households in terms of living standards, in January-June, 6% of the population were poor, Belstat reports. For comparison: for the same period last year, this figure was 5.5% of the population, and in 2......
  • FPB proposes to oblige employers to renew contracts for all conscientious workers
    The Federation of Trade Unions proposes to make mandatory the extension of contracts with conscientious workers or transfer them to an open-ended employment contract with all additional social guarantees preserved. This was stated by the leadership of the FPB during a working meeting with deputies of the House of Representatives and members of the Council of the Republic of the National Assembly. ...
  • Key document on liberalization in the Belarusian economy submitted for consideration by Lukashenka
    The key document on liberalization in the Belarusian economy - the draft decree "On the Development of Entrepreneurship" - was submitted for consideration by President of Belarus Alexander Lukashenko during a working meeting with First Deputy Prime Minister Vasily Matyushevsky. “We continue to talk about documents, regulations that will contribute to the liberalization of our economy,” the head of...
  • Russian dairy products in China: there is demand, but supply is lame
    This opinion was expressed by Xu Dandan, Senior Vice President of Pin DoDo, during the Russian-Chinese forum "Moscow-Beijing: trade, economic and cultural cooperation on the Silk Road." “There is indeed a very strong demand for dairy products in China, but so far we only import from Germany and other EU countries. As for Russian products, there are still very few of them on the market,” said Xu Da...