Number of loss-making enterprises over 45% in Belarus

The number of loss-making enterprises in Belarus has reach 46.3% from 592 in the same period last year up to 781, according to the economic results after two months of the year released by National Statistics Committee (Belstat).

Belstat also noted that the flat cost of the sold goods in the manufacturing sector grew almost 20 percent, while cost effeciency dropped 2%, reports BelaPAN.

However, revenues from selling goods and services in the current prices grew 17.1% up to Br140.3 trillion. But the progress is only technical because the Belarusian rubel's exchange rate dropped significantly since the first two months of the last year.