Industrial output discussed at joint session of both chambers of Belarusian parliament

20.12.2018

The government representatives took part in the joint session of both chambers of the Belarusian parliament. Deputy Prime Minister Igor Lyashenko spoke about the key economic data in 2018. Thus, Belarus had economic growth of 3.5% and sold abroad over 60% of its industrial output. Commissioning of new facilities at modernized plants can secure economic growth in 2019. These include light industry and woodworking enterprises. The car factory BelGee is the main one in mechanical engineering industry. Among the economic risks in 2019 are Belarus’ losses amounting to about $400 million in the wake of the tax maneuver in Russia that may lead to the reduction of output of Belarusian oil refineries.

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