Economic Indicators

Belarus’ GDP to fall by 4% in 2022-PM

2022.12.25 01:34

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Belarus’ GDP to fall by 4% in 2022-PM

Budrigannews.com – According to Prime Minister Roman Golovchenko, who was quoted by Interfax on Saturday, Western nations’ punitive measures are only expected to result in a 4 percent decline in the Belarusian economy in 2022—much less than some had anticipated.

The European Association, the US and others have forced billions of dollars worth of approvals on the ex-Soviet state over its help for Russia’s conflict against Ukraine.

Golovchenko was quoted as saying on national television by Interfax, “You know the forecasts we were given – from a total collapse (of the economy) to a drop of 20%.”

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He stated, “I believe that those who conceived of this operation relied on these calculations.”

Interfax said that Golovchenko also said that overall inflation would be 12% in 2022. On December 1, annual inflation was 13.3%, down from 15.2% the month before.

Belarus’ GDP to fall by 4% in 2022-PM

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