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08 верасня 2020, 22:51

Forecast of Belarus' social and economic development in 2017

Forecast of Belarus' social and economic development in 2017

Main indicators*:

growth of GDP by 1.5%,

real disposable monetary incomes of individuals – by 1.2%,

labor productivity in GDP terms — by 1.6%**,

export of merchandise and services — by 3.6%;

surplus of the foreign trade in merchandise and services at $103 million — plus 0.2% of the GDP;

foreign direct investments in net terms — $1.4 billion;

inflation — 9%;

gold and foreign exchange reserves — plus $500 million.

In 2017 the central state budget will remain socially oriented. All the expenses related to welfare payments are included in full.

* Draft.

** The labor productivity growth rate is expected to exceed the real salary growth rate.

Source: The Council of Ministers of Belarus.

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