Over 9,000 new commercial organizations and 33,000 individual entrepreneurs registered in 2018

In Belarus, more than 4,500 business entities started a business by submitting a notification. This year more than 9,000 new commercial organizations and 33,000 individual entrepreneurs were registered. The growth is almost 10%. There are also more artisans now. The presidential decree "On the Development of Entrepreneurship" is the main reason for the increased business initiative. Another positive factor is the increase in bank loans for small and medium-sized businesses. Their share in the total volume is almost 40%.