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Qualitative economic growth - Belarus government assesses performance of all sectors over 7 months
Belarus' economy is showing qualitative growth in spite of the sanctions and the pandemic. In the first half of the year the country's GDP increased by 3.3%.
The work of all the sectors was discussed at today's meeting of the Council of Ministers. The industry has made the main contribution to economic growth. In addition, the service sector has been recovering since April. Last year's strategic decision not to suspend the enterprises was a plus as well. As a result, the production and human resources have been preserved, which became the basis of the current result. In the second half of the year, the important issues that need to be paid special attention to in order to ensure economic growth include the efficiency of business processes and investment.