We remain deeply concerned by the continuing deterioration of the situation in Belarus and the action of the authorities. We call for respect for human rights and freedom of speech in the country.
Ever since the disputed Presidential election of August 2020, we have urged the authorities to pursue an inclusive national dialogue to explore a way forward for Belarus.
In September 2020, the Bank made clear that it was concentrating its activity exclusively on private sector projects where there are clear benefits for small and medium sized companies, female entrepreneurs and young professionals. We continue to believe that building the private sector eventually leads to better societies.
We have not invested in new sovereign projects since the beginning of 2020 and have no plans to do so for the foreseeable future.
The EBRD’s latest Belarus strategy was adopted on 7 September 2016
Belarus's policy response to the coronavirus crisis
The EBRD is monitoring Belarus's policy response to the coronavirus pandemic. Our biweekly publication identifies the major channels of disruption as well as selected impact and response indicators.
GDP forecast for Belarus’s Real GDP growth in 2021 0.5%
GDP forecast for Belarus’s Real GDP growth in 2022 0.5%