Ministry of Economy drafts decree on introducing mortgages in Belarus

The draft decree on the introduction of mortgage in Belarus was developed by the Ministry of Economy. This mechanism is planned to be introduced in two years. The Government discussed the results of socio-economic development following the results of last year and evaluated the work in the first quarter of 2019. Yet, the new document is difficult to call the final version. In January, the GDP grew by 0.7%. The forecast for this year is 4%. The government counts on export, investment and the IT sector.