Belarus’ capital investments down 3.6% in Jan-Oct 2020 to Br22.846bn
<p> MINSK, Nov 16 - PrimePress. Belarus reduced capital investments in January-October 2020 by 3.6% year on year to Br22.846 billion ($8.9 billion at the rate of the National Bank of Belarus), the National Statistics Committee of Belarus (Belstat) said in a report. </p> <p> </p> <p> As much as Br8.139 billion ($3.2bn) was spent on buying machines, equipment, and vehicles in Jan-Oct 2020, down 12.6% year on year. </p> <p> </p> <p> Investments in construction and assembly operations totalled Br12.322 billion ($4.8 billion) in Jan-Oct 2020, up 3.5% year on year. </p> <p> </p> <p> As much as 3.081 million square metres of new dwelling houses was commissioned in Jan-Oct 2020, up 6.9% year on year, including 889,800 square metres of homes (up 15%) built at the expense of soft loans from state-owned banks. </p> <p> </p> <p> In 2019, Belarus increased capital investments by 5.7% year on year to Br27.846 billion ($10.9bn at the rate of the National Bank of Belarus). Spending on machinery, equipment and vehicles increased 11.8% to Br11.087 billion ($4.3bn), investments in construction and installation operations – 3.3% to Br13.938 billion ($5.4bn), housing – 2.4% to 4.062 million square meters. End (Br2.5668/$1) </p>
2020-11-16
Primepress
MINSK, Nov 16 - PrimePress. Belarus reduced capital investments in January-October 2020 by 3.6% year on year to Br22.846 billion ($8.9 billion at the rate of the National Bank of Belarus), the National Statistics Committee of Belarus (Belstat) said in a report.
As much as Br8.139 billion ($3.2bn) was spent on buying machines, equipment, and vehicles in Jan-Oct 2020, down 12.6% year on year.
Investments in construction and assembly operations totalled Br12.322 billion ($4.8 billion) in Jan-Oct 2020, up 3.5% year on year.
As much as 3.081 million square metres of new dwelling houses was commissioned in Jan-Oct 2020, up 6.9% year on year, including 889,800 square metres of homes (up 15%) built at the expense of soft loans from state-owned banks.
In 2019, Belarus increased capital investments by 5.7% year on year to Br27.846 billion ($10.9bn at the rate of the National Bank of Belarus). Spending on machinery, equipment and vehicles increased 11.8% to Br11.087 billion ($4.3bn), investments in construction and installation operations – 3.3% to Br13.938 billion ($5.4bn), housing – 2.4% to 4.062 million square meters. End (Br2.5668/$1)