Belarus’ capital investments down 8.5% in Jan-Feb 2021 to Br3.357bn
<p> MINSK, Mar 18 - PrimePress. Belarus reduced capital investments in Jan-Feb 2021 by 8.5% year on year to Br3.357 billion ($616.3 million 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 Br1.116 billion ($189.5 million) was spent on buying machines, equipment, and vehicles in Jan-Feb 2021, down 11.2% year on year. </p> <p> </p> <p> Investments in construction and assembly operations totalled Br1.853 million ($357.8 million) in Jan 2021, down 7% year on year. </p> <p> </p> <p> As much as 692,500 square metres of new dwelling houses was commissioned in Jan-Feb 2021, up 34.4% year on year, including 201,300 square metres of homes (up 37.6%) built at the expense of soft loans from state-owned banks. </p> <p> </p> <p> In 2020, Belarus reduced capital investments by 6.8% year on year to Br28.716 billion ($11.13bn at the rate of the National Bank of Belarus). Spending on machinery, equipment and vehicles decreased by 16.4% to Br10.436 billion ($4.05bn), investments in construction and installation operations – up 1.4% to Br15.319 billion ($5.94bn), housing – up 2.3% to 4.156 million square meters. End (Br2.5799 /$1) </p>
2021-03-19
Primepress
Belarus’ capital investments down 8.5% in Jan-Feb 2021 to Br3.357bn
MINSK, Mar 18 - PrimePress. Belarus reduced capital investments in Jan-Feb 2021 by 8.5% year on year to Br3.357 billion ($616.3 million at the rate of the National Bank of Belarus), the National Statistics Committee of Belarus (Belstat) said in a report.
As much as Br1.116 billion ($189.5 million) was spent on buying machines, equipment, and vehicles in Jan-Feb 2021, down 11.2% year on year.
Investments in construction and assembly operations totalled Br1.853 million ($357.8 million) in Jan 2021, down 7% year on year.
As much as 692,500 square metres of new dwelling houses was commissioned in Jan-Feb 2021, up 34.4% year on year, including 201,300 square metres of homes (up 37.6%) built at the expense of soft loans from state-owned banks.
In 2020, Belarus reduced capital investments by 6.8% year on year to Br28.716 billion ($11.13bn at the rate of the National Bank of Belarus). Spending on machinery, equipment and vehicles decreased by 16.4% to Br10.436 billion ($4.05bn), investments in construction and installation operations – up 1.4% to Br15.319 billion ($5.94bn), housing – up 2.3% to 4.156 million square meters. End (Br2.5799 /$1)