Predicted wealth of Belarusian citizens by 2026, as per Ministry of Economy's estimates
The Belarusian government has outlined its plans for economic growth in 2026, with a focus on the advancement of service supplies and maintaining a strong presence in key markets. According to Yuri Chebotar, the Minister of Economy, the production, investment, and export programs will play a crucial role in achieving this goal.
Investments in Belarus are anticipated to increase by 3.1% in 2026, with two-thirds of the total planned investment volume allocated for commercial projects and enterprise modernization. The main investment areas include housing construction, social, and transport infrastructure development.
The real sector and the service sphere are expected to drive the economic dynamics in Belarus in 2026. Exports are anticipated to grow by 3.7%, and the GDP is expected to expand by 2.8%. The Belarusian government is primarily counting on the tourism and IT sectors to drive economic growth, although specific details about the expected growth in these sectors were not provided.
The government plans to stimulate the development of necessary infrastructure to achieve economic growth, but no specific details about the stimulating measures were provided. Reducing dependence on a single market is a priority for Belarus, with efforts to increase sales to CIS countries and 'far abroad' continuing. However, no details about the expected growth in sales to these markets were provided beyond the comment by the Minister of Economy.
The Minister of Economy, Yuri Tschebotar, outlined the economic sector development plans during a review of the socio-economic development forecast for the country in 2026 by the Council of Ministers of Belarus. If the production, investment, and export programs are fulfilled, real incomes of Belarusians are expected to increase by 4.8% in 2026.
The government aims to increase exports by focusing on the advanced growth of service supplies. Maintaining the presence on the key Russian market is also a priority. The Belarusian government is optimistic about the economic growth prospects for 2026, with a focus on fostering a conducive environment for investments and promoting the growth of the service sector and key industries.
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