A high rate of economic growth in Belarus – an average of about 8% annually from 2001 to 2011 – has helped reduce poverty almost seven-fold. A favorable external environment supported the economic growth in Belarus. Read More »
According to the World Bank's Country Economic Memorandum, despite a significant reduction in poverty during the last decade, Belarus existing growth model has reached its limits and needs restructuring to ensure lasting and sustainable growth.
A World Bank small grant helps starting a large awareness campaign on physical challenges for disabled people in Belarus, petitioned local government for more services. Now their voices are finally being heard.
The World Bank's project helps the depressed and recovering areas to save money through energy efficient measures which address immediate problems, such as inefficient heating and light systems in public hospitals, schools and orphanages.