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29 December 2021, 11:25

PM: Belarus' export grows by over 30% in 2021

An archive photo
An archive photo

MINSK, 28 December (BelTA) – Since the beginning of the year, Belarus' export has grown by more than 30%; a record high surplus in balance of payments has been achieved, Prime Minister Roman Golovchenko said in an interview with the Mir broadcasting company, BelTA informs.

“All in all, Belarus' export has expanded by 35% this year. This is quite a lot. If we compare it with past years, we will see a record high surplus in the balance of payments, that is, how much more foreign currency gets into the country than exits it.

This was highly beneficial for the foreign exchange market, macroeconomic balance, and payments on our debt obligations. There is no miracle here, just hard work,” Roman Golovchenko said.

According to him, Belarus got competitive advantages due to the decision not to put the country on lockdown, as well as due to affordable prices for energy resources, including natural gas and oil. “While some European factories began to shut down over unaffordable energy prices, we feel comfortable enough, we keep working and meeting the demand for our products in various markets,” the prime minister said.

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