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Belarus Has Lost an Important Source of Export Revenues
The economic prospects for the Belorussian economy are bad. The ruble will have to devalue. External support will be necessary, the Centre for Eastern Studies says.
Belarus Has Lost an Important Source of Export Revenues / Picture: © Wikimedia Commons / Zscout370 [Public Domain]
On 1 October the Belarusian National Statistical Committee published data on the external trade balance of Belarus for the period between January and August this year. During these eight months the positive trade balance stood at US$ 1.6 billion, which is US$ 380 million lower when compared with the data for the period between January and July 2012. Thus in August this year for the…
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