The World Bank has improved its forecast for Belarus' gross domestic product growth in 2024-2025.
According to the World Bank forecasts, the Belarusian economy will grow by 4% this year.
This was reported by BELTA , citing the World Bank report on the economy of the Europe and Central Asia region.
According to the World Bank forecasts, the country's economy will grow by 4% this year and by 1.2% next year.
In June of this year, the World Bank made much more modest forecasts – 1.2% and 0.7%, respectively.
As reported by the National Statistical Committee of Belarus, over the first nine months of this year the country’s economy grew by 4.5%.
The target for GDP growth for the year is 3.8%, so the growth rate is much higher than forecast. The target for economic growth for next year is 4.1%.