Belarus on track towards stable long-term economic growth
Belarus is on track towards sustainable long-term economic growth, Chairman of the Board of the Development Bank Aleksandr Yegorov said in an interview with Belarus 1 TV channel, BelTA has learned. As BelTA reported earlier, on 2 October Belarusian President Aleksandr Lukashenko signed Decree No.
307 that approved the most important forecast parameters of the country's development for 2024. Gross domestic product is projected to grow by 3.8% due to large-scale investment and production programs, sale of Belarusian products on foreign markets and expansion of domestic demand.
Fixed capital investment is expected to add 3.9% in comparable conditions, exports of goods and services are expected to go up by 7.6% (mainly due to an increase in physical sales volumes). “The projected growth rates for both investment and exports are outpacing GDP growth.
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