News

EBRD forecasts modest growth for Belarus, below official targets

 A mine of Belaruskali OJSC. Photo: LookByMedia
A mine of Belaruskali OJSC. Photo: LookByMedia

The European Bank for Reconstruction and Development (EBRD) has improved its forecast for Belarusian economic growth in 2026. The bank now expects GDP growth of 1.3%, instead of the 1.1% it forecast back in June. At the same time, its estimate for the following year remains unchanged – growth of 1.5%.