MINSK, 26 June (BelTA) – Belarus honors its foreign currency commitments on time and in full, BelTA learned from First Deputy Prime Minister of Belarus Vasily Matyushevsky during the joint session of the two chambers of the Belarusian parliament on 26 June.
The official said: “Since the beginning of the year the gold and foreign exchange reserves have increased by more than $300 million. Meanwhile, the state honors its foreign currency commitments on time and in required amounts.”
Vasily Matyushevsky specified that the country's balance of payments and the gold and foreign exchange reserves are positively influenced by the balanced foreign trade. A surplus of foreign trade to the tune of about $120 million or 0.7% of the GDP is a plus, too.
“Most of the branches of the national economy demonstrate positive dynamics in the current period except for civil engineering. However, the production sector is the main growth driver. Woodworking and pulp and paper industry, manufacturing of chemical products, and light industry report the highest returns,” said the first deputy prime minister of Belarus.
