Government raises lower limit for foreign exchange reserves in 2026
October 2, Pozirk. Belarus’ international reserves are expected to amount to at least $7.1 billion on January 1, 2026, according to Edict No 385 outlining next year’s monetary and credit targets.
The government revised the target upward by 18.3 percent from at least $6 billion planned for this year.
The edict has been published on the National Legal Internet Portal and will enter into force on January 1.
The government projects inflation of no more than 5 percent in 2025.
Banks’ claims against economic entities are projected to rise by 11 percent next year, while non-performing assets exposed to credit risk should not exceed 10 percent.
The central bank and the government have been instructed to ensure compliance with the new indicators.
Belarus’ gold and foreign exchange reserves grew by $165.1 million in August to $8.7 billion on September 1, according to preliminary data from the National Bank.
Belarus cargo traffic from EU fell sharply after 2021 – official
September 30, Pozirk. Belarus cargo traffic from the European Union plunged by 56 percent last year from the 2021 level, said Alaksandar Niściuk, a senior customs official at an international haulage conference in Minsk on September 11. The import of …