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  1. 11 maj 2021 · Although the COVID-19 pandemic did trigger a recession in Belarus, the greatest blow to the country’s economy has been its deep political crisis. This was caused by the authorities rigging the results of the presidential election, which in turn provoked mass opposition from the citizens.

  2. Belarus is the world's 74th-largest economy by GDP. As of 2018 [update] , Belarus ranks 53rd from 189 countries on the United Nations Human Development Index , and appeared in the group of states with "very high development".

  3. Economy. Risk. In brief. Ties between Belarus and Russia have strengthened since the latter's invasion of Ukraine, with Belarus acting as Russia's sole supporter in the war effort—an abandonment of the country's previous official policy of neutrality.

  4. 26 cze 2019 · But today our message is quite different: Belarus urgently needs structural economic reforms to avoid economic instability. Why the urgency, you may ask, especially given that Belarus has made significant strides in reducing poverty?

  5. 29 kwi 2022 · In Q1 2022, Belarus’s GDP contracted by 0.4% – the first GDP decline since the end of 2020. Being Russia’s closest military ally, Belarus has made its territory available to the Russian Armed Forces, thereby joining Russia’s invasion of Ukraine, which resulted in it being targeted by Western sanctions.

  6. pubdocs.worldbank.org › en › 602921590488924428BELARUS by - World Bank

    26 maj 2020 · Belarus’s economy is being hit by the COVID-19 pandemic, ongoing contraction in its main trading partners, and the oil-price shock. The impact of the pandemic shock is expected to be temporary but severe, with the economy projected to contract at the sharpest pace in nearly 25 years.

  7. 8 lis 2021 · The Belarusian economy, based on an ineffective command and distribution model, is no longer able to generate sustainable economic growth. The influence of negative factors, compounded by a deep political crisis and sanctions, is unlikely to be balanced by the activity of the dynamic and creative private sector, which is currently operating ...

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