Belarus aims for GDP growth of 2.8%, inflation of 7% or less in 2026

MINSK. Nov 6 (Interfax) - Belarusian President Alexander Lukashenko signed decrees on Monday that approve forecasts for the country's economic development and monetary policy targets for 2026, the president's press service reported.

GDP is forecast to grow by 2.8% next year on the back of increased capital investment, faster growth of exports of goods and services and household incomes. The decrees target growth 3.7% for exports of goods and services in 2026, 3.1% for investment in the economy and 4.8% for real disposable household incomes.

"For the National Bank and government, the objective is set to limit inflation to a level that does not exceed 7%," the press service said.

The decree on monetary policy objectives also approves the following targets: international reserve assets of at least $9.2 billion; share of nonperforming assets in bank assets exposed to credit risk of no more than 10%; accessibility ratio of payment market participants' automated systems for supporting settlement transactions of at least 99.8%; and investment financing of at least 13%.