Economic development in Belarus: GDP grew by 4.2% over 10 months

Macroeconomic stability in Belarus is ensured, while confidence in the ruble is growing. This was stated today at the meeting of the Council of Ministers, where they summarised the results of the economy for 9 months and discussed the trends in November. The gold and foreign currency reserves have grown by $800 million this year, which is now almost $9 billion. People's confidence in the national currency is also growing. Since the beginning of the year, term bank deposits in Belarusian rubles have increased by a third. The inflation rate is kept within the planned parameters. Export supplies to new markets are increasing. In 9 months Belarus exported goods and services worth almost $37 billion with an increase of $1.5 billion compared to last year.