Profitability level in the national economy of Belarus constitutes 7,5%
Published:
29 May 2003 y., Thursday
Profitability level in the national economy of Belarus constitutes 7,5%, whereas the number of unprofitable companies rose over 47%, said the Minister of economy of Belarus, Vice-Premier Andrei Kobyakov at the government presidium’s meeting.
Kobyakov stated that out of the 16 crucial prognosis parameters 6 remain unfulfilled, including such paramount ones as GDP growth rates, agricultural production, investments into the main capital, import, sales of the produced goods and decrease in the GDP energy capacity.
The Minister also pointed out insufficient volume of investments, which he explained by the “unsatisfactory financial condition of the real sector of economy.” The situation with the attraction of foreign investments also leaves much to desire. There has been drawn $267mln of them, which constitutes only 35% as compared with the analogous period last year.
Šaltinis:
Charter`97 Press Center
Copying, publishing, announcing any information from the News.lt portal without written permission of News.lt editorial office is prohibited.
The most popular articles
In January 2009, the EBRD commissioned two Italian consultants to study Turkey's sustainable energy market in preparation for future investments.
more »
Next week a delegation of more than 50 Chinese businessmen, accompanying the Chinese Vice-Premier Hui Liangyu, are arriving to Lithuania.
more »
The German developer “ECE” together with Lithuanian partners opened a new shopping and entertainment centre Ozas Gallery in Vilnius.
more »
As it embarked on an ambitious stimulus spending, Thailand turned to the World Bank for advice on how to fast track the spending coupled with proper management controls to keep programs on the rails.
more »
Peter Reiniger Business Group Director for Central Europe and the Western Balkans from the European Bank for Reconstruction and Development visited Latvia to sign subordinated loan agreement with Parex banka.
more »
On Monday AB DnB NORD Bankas started placement of a 13-month fixed-rate Lithuanian government bonds. It is the first time when Lithuanian sovereign USD denominated securities will be available on Lithuania’s retail market.
more »
The Swedish business daily Dagens Industry published an interview with Andrius Kubilius, the Prime Minister of Lithuania, to Bloomberg News.
more »
The economic crisis still has a firm grip on large parts of the world. But Sweden’s Minister for Trade Ewa Björling can see bright spots.
more »
The European Bank for Reconstruction and Development and KfW Entwicklungsbank (The German development bank) are providing a financing programme worth up to €28.9 million to MegaBank - one of the strongest regional banks in the eastern Ukraine.
more »
A settlement in an international tax dispute that strained U.S. ties with Switzerland.
more »