Small business grows more important in Belarus' economy

18.07.2018

The importance of small business is growing in the country's economy. Since the beginning of the year, the number of individual entrepreneurs in Belarus has increased by more than two thousand. Most of them are employed in Minsk, 72 thousand. In total, about 240 thousand people are working in small business in Belarus. The majority of individual entrepreneurs prefer to start their own business in the sphere of public catering, while the traditionally popular sphere of trade loses its relevance. Experts note the importance of the recently adopted package of liberalizing regulations, and Decree No. 7 as the most important one.

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