According to the results of the third quarter, Belarus has seen an increase in investment and GDP. This was stated by Prime Minister of Belarus Roman Golovchenko in an interview with journalists on October 22. He also revealed other results of the year in the economic sphere of the republic.
“The situation is not bad both in terms of gross domestic product growth and investment growth. That is, we have already added 22% of investments to September of last year. This is a very serious breakthrough,” the Prime Minister of Belarus said Roman Golovchenko on the Belarus 1 TV channel, BelTA reports.
According to the Belarusian Prime Minister, in the sphere of income of the population, wages at the moment, Belarus is “in line with the implementation of all the indicators brought to the end of the third quarter.”
In October, Belarus announced an increase in household incomes. On the eve it became known that Belarus will increase pension costs in 2024. Earlier, Golovchenko stated that with an increase in salaries, the incomes of the population of the republic decreased slightly due to inflation. According to the head of the Council of Ministers, the Belarusian authorities are taking measures to combat inflation and increase incomes, especially for public sector workers.
Recall that under the conditions of sanctions, Belarus and Russia have intensified the deepening of integration. The unified Industrial Policy of the Union State is designed for the effective implementation of import substitution programs in various sectors of the economy. Russia has allocated a loan of 105 billion Russian rubles to Belarus for 12 import substitution programs in mechanical engineering, electronics and agriculture. Joint projects will make it possible to replace imports from Western countries that are critically important for the economy.
A source: https://e-cis.info/news/566/113050/
