Cherven Regional Executive Committee

The Belarusian ruble will be redenominated on 1 July 2016. Belarus President Alexander Lukashenko signed decree No. 450 “Concerning the redenomination of the official currency of the Republic of Belarus” on 4 November, BelTA learned from the press service of the Belarusian leader.

The National Bank of the Republic of Belarus intends to switch to inflation targeting by 2020, BelTA learned from Dmitry Kalechits, Deputy Chairman of the Board of the National Bank of the Republic of Belarus, during the conference Belarus Economy: At a Tipping Point.

Reliable national security is still crucial to the wellbeing of any country.

It is necessary to go ahead with economic reforms.

Plans have been made to reduce the speed limit on the second Minsk ring road to 70kmph by winter, BelTA learned from representatives of the road construction and maintenance enterprise Minskavtodor-Tsentr.

The bulk of the general construction work at the Garlyk mining and processing factory will end in October, BelTA learned from Belarusian Architecture and Construction Minister Anatoly Cherny on 13 October after the government conference held by Chairman of the Council of the Republic of the National Assembly of Belarus Mikhail Myasnikovich to discuss the progress in building the factory.

Warehouse space in logistics hubs in Belarus will increase by nearly 30% by the end of 2015, BelTA learned from Natalia Zhamoitina, Belarusian Deputy Transport and Communications Minister, during the session of the working group on transport, logistics, and customs affairs under the Representation of the German Economy in Belarus on 7 October.

The Belarusian civil engineering company ZAO Belzarubezhstroy opened an enterprise in Krichev, Mogilev Oblast on 5 October.

The Belavia air carrier plans to offer a new flight from Minsk to Odessa, Belarus' First Deputy Minister of Transport and Communications Yevgeny Rogachev told an online press-conference at BelTA's website.

The Chinese side is satisfied with the progress in the construction of the China-Belarus Industrial Park Great Stone, Deputy General Director of Industrial Park Development Company Zheng Minghui told journalists on 28 September, BelTA has learned.