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Economy
14 May 2021, 19:57

Steady economic growth in Minsk in Q1 2021 pointed out

MINSK, 14 May (BelTA) – The city of Minsk demonstrated steady economic growth in the first quarter of the year. Chairman of the Minsk City Executive Committee Vladimir Kukharev made the statement as he met with students of the Belarusian State Economic University on 14 May, BelTA has learned.

The mayor said: “We systematically ensure the fulfillment of the social and economic growth targets the capital city has been assigned. In Q1 2021 budget revenues rose by 16% in comparison with the same period of last year. The growth rates of export of merchandise and services were also good – 139% and nearly 106% respectively.”

According to the source, there are plans to keep up the economic growth rate in the capital city. Minsk enterprises are now working on penetrating new foreign target markets. It will have a positive effect on the city's economy in the future, too.

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