Belarusian economy demonstrates sustainability - what prospects are open in 2024

International organizations and so-called independent analysts predicted a recession. But we see that the economic model of Belarus demonstrates stability and high adaptability to external shocks. Has everything planned been realized? And what prospects are open for us in 2024?

Maxim Yermolovich, Deputy Head of the Presidential Administration of Belarus:

Foreign experts predict the collapse of the Belarusian economy from year to year. Fortunately, these expectations are not justified.

Inna Medvedeva, Chairperson of the National Statistical Committee of Belarus:

When our partners made these forecasts, they assumed that the sanctions imposed on the Republic of Belarus would not allow us to quickly turn around and move forward. At each level, decisions were made, mechanisms or tools were developed to solve the problem of circumventing these sanctions. Entering other markets, searching for new logistics chains.

Yuri Seliverstov, Minister of Finance of Belarus:

It is clear that the pressure was unprecedented and there were no recipes on how to fight. A number of regulations were adopted, parameters and conditions of export support for exporters were changed, as well as conditions of financial risk insurance. We have worked quite hard.