Belarus

EDB investment portfolio

01/10/2021

40 projects

2 020,3 million

19% of the total

EFSD investment portfolio

01/10/2021

3 projects

$4 860 million

82% of the total


Belarus became a full member of Eurasian Development Bank in June 2010. Its contribution to the Bank’s capital is US $15 million.

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Publications

Uzbekistan and the EAEU: Prospects and Potential Impact of Economic Integration
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EDB Macroeconomic Forecast. The Return of Inflation: For How Long and Should We Fear It?
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14 October 2021
Alexander Petrov, Director of the Eurasian Development Bank’s (EDB) Fund for Digital Initiatives Fund, took part in a forum on digital transformations in the manufacturing, fuel and energy, and petrochemical complexes of Belarus
22 July 2021
The Eurasian Development Bank (EDB), the Astana International Financial Centre Authority (AIFCA), and the Ministry of Finance of Belarus signed an agreement to promote green finance in Belarus using the AIFCA Green Finance Centre (a subsidiary of the AIFC Authority)
12 May 2021
The Eurasian Development Bank (EDB) announces its seventh Eurasian Integration and Development in the 21st Century competition for the media and invites submissions. The first competition took place in 2015 and collected over 100 entries from the Bank’s member countries
21 April 2021

The Eurasian Development Bank (EDB) has signed a US $24.3 million guarantee agreement securing the obligations of BELAZ (the management company of BELAZ-HOLDING) under a contract to supply and maintain seventy-seven 150-tonne mining trucks to Coal India Limited, the largest coal mining corporation and a public sector enterprise in India. This is BELAZ’s first contract with an Indian company in the post-Soviet history.

31 March 2021
The Eurasian Development Bank projects the aggregated GDP growth rate of its member countries at 3.3% in 2021, after a 3% decline in 2020. With progress in countering the pandemic, the easing of social distancing measures and favourable external economic conditions will be the key drivers of stronger consumer and investment demand. Most of the region’s economies will recover to pre-crisis levels by the end of 2021 and 2022. The EDB projects that the significant acceleration of inflation in the member states will be temporary, with inflation slowing down to an average of 4.5% year-on-year in the region by the end of 2021, from 6.3% year-on-year in February 2021. The risks according to the EDB’s projections remain high. Nevertheless, even with an unfavourable, prolonged pandemic, the Bank's member economies will be recovering in 2021.
26 March 2021
Unemployment rates in most of the Bank’s member countries remained moderate in 2020 and showed signs of decline in late 2020 – early 2021. Government anti-crisis measures have helped a lot in stabilising the labour market
18 December 2020
The Eurasian Development Bank (EDB) issued guarantees to secure the obligations of BELAZ (the management company of BELAZ-HOLDING) under a contract to supply mining trucks to Coal India Limited, the largest coal mining corporation and a public sector enterprise in India
09 December 2020
Nikolai Podguzov, Chairman of the Management Board of the Eurasian Development Bank (EDB), met with Nikolai Snopkov, First Deputy Prime Minister of Belarus
04 December 2020
The Eurasian Development Bank (EDB), VEB.RF, the Development Bank of Kazakhstan (DBK), and the Development Bank of the Republic of Belarus (DBRB) signed a memorandum of cooperation to promote integration between the countries of the Eurasian Economic Union (EAEU). The signing ceremony took place in the sidelines of the First Eurasian Congress hosted by the EDB. The document was signed by Nikolai Podguzov, Chairman of the EDB’s Management Board, Igor Shuvalov, Chairman of the Management Board of VEB.RF, Abay Sarkulov, Chairman of the Management Board of the DBK, and Andrey Zhishkevich, Chairman of the Management Board of the DBRB
04 December 2020
Nikolai Podguzov, Chairman of the Management Board of the Eurasian Development Bank (EDB), Hayk Karapetyan, Chief Executive Officer of HayPost (Armenia’s postal operator), Svetlana Yurkevich, General Director of Belpochta (Belarus’s postal operator), Damir Monoldorov, General Director of Kyrgyz Post (Kyrgyz Republic’s postal operator), and Maxim Akimov, General Director of Russian Post (Russia’s postal operator) signed a cooperation agreement at the First Eurasian Congress

Minsk Representative Office

Address:
70 Myasnikov St., office 310, Minsk, 220030, Republic of Belarus

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2021