Belarus’ economy steadily recovering after COVID restrictions – premier
<p> MINSK, May 18 - PrimePress. Belarus' economy is gradually recovering from the restrictions related to the COVID-19 coronavirus pandemic, judging by the GDP growth rate, Prime Minister Roman Golovchenko said at a meeting of the Council of Ministers on 18 May, the government press service reported. </p> <p> </p> <p> “Belarus’ year-on-year GDP growth rate in January-April was 2.5%. A good result was registered in industry - 11%. The agriculture is gradually forming positive dynamics - in April we have added 0.2 p.p. over January-March (to minus 0.3% year on year – editor’s note). The wholesale turnover added 6.1 p.p. and the catering sector added 14.8 p.p. These indicators characterize the gradual recovery from COVID restrictions,” the press service reported citing Golovchenko as saying. </p> <p> </p> <p> Golovchenko added: “An increase in the unemployment rate was prevented thanks to the steady operation of the real sector. Unemployment totalled 4% in March according to the methodology of the International Labour Organization while the annual forecast is 4.2-4.4%.” </p> <p> </p> <p> Real household incomes, according to Golovchenko, grew by 2.9% year on year in Q1 2021. The average salary in the public sector currently accounts for 82.8% of the country’s average monthly wage, said Golovchenko. End </p>
2021-05-19
Primepress
Belarus’ economy steadily recovering after COVID restrictions – premier
MINSK, May 18 - PrimePress. Belarus' economy is gradually recovering from the restrictions related to the COVID-19 coronavirus pandemic, judging by the GDP growth rate, Prime Minister Roman Golovchenko said at a meeting of the Council of Ministers on 18 May, the government press service reported.
“Belarus’ year-on-year GDP growth rate in January-April was 2.5%. A good result was registered in industry - 11%. The agriculture is gradually forming positive dynamics - in April we have added 0.2 p.p. over January-March (to minus 0.3% year on year – editor’s note). The wholesale turnover added 6.1 p.p. and the catering sector added 14.8 p.p. These indicators characterize the gradual recovery from COVID restrictions,” the press service reported citing Golovchenko as saying.
Golovchenko added: “An increase in the unemployment rate was prevented thanks to the steady operation of the real sector. Unemployment totalled 4% in March according to the methodology of the International Labour Organization while the annual forecast is 4.2-4.4%.”
Real household incomes, according to Golovchenko, grew by 2.9% year on year in Q1 2021. The average salary in the public sector currently accounts for 82.8% of the country’s average monthly wage, said Golovchenko. End