Belarus economy to shrink to 0.5 pct in 2017: World Bank
Xinhua, January 14, 2017 Adjust font size:
Belarusian economy will shrink from 1 to 0.5 percent in 2017, the World Bank said on Friday.
In its previous report, the World Bank predicted a fall in GDP of Belarus to 1 percent in 2017.
In a report entitled "Global Economic Prospects" released on Friday, the World Banks said the Belarusian economy is expected to restore growth in 2018 with GDP growth being expected at 1.3 percent.
In January-November 2016, Belarus' GDP decreased by 2.7 percent compared to the same period of 2015. Endit