Content type

Belarus To Avoid Joining War In Ukraine, Despite Pressure

Country Risk / Belarus / Thu 01 Dec, 2022

Key View

  • We at Fitch Solutions believe that despite persisting pressure from Moscow, Belarus will not join the war in Ukraine in 2023.
  • Although the Belarusian armed forces are in an increasingly ‘combat ready’ state, the Belarus-Ukraine border is progressively well fortified, making an invasion across it more difficult.
  • That said, we
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Belarusian Economy To Remain In Recession In 2023

Country Risk / Belarus / Wed 30 Nov, 2022

Key View

  • At Fitch Solutions, we forecast the Belarusian economy to contract by a further 1.5% in 2023, following a 5.0% decline in 2022.
  • Stagnating real wage growth and already drawn-down household savings will suppress private consumption in 2023, while sanctions will weigh on exports to most countries except Russia.
  • Risks to our
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Belarusian Economy To Stagnate In Years Ahead

Country Risk / Belarus / Mon 05 Sep, 2022

Key View

  • At Fitch Solutions, we forecast the Belarusian economy to contract by 6.0% in 2022, followed by a further 1.5% contraction in 2023.
  • Elevated inflation and supply-chain disruptions caused by Western sanctions will limit household consumption and although total exports will decline, we expect trade with Russia to increase.
  • Over
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Belarus' Medical Device Forecast Revised Slightly Upwards

Medical Devices / Belarus / Tue 21 May, 2019

Key View

  • The expanding economy and health system modernisation will support medical device market growth of 9.4% in 2019 and 10.2% in 2020 in local currency terms.
  • Moderating economic activity will slow medical device import growth.
  • An economic slowdown in Russia will temper medical device export growth.​​

Health System Modernisation Will

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