Belarus economy

Published January 13, 2008

MINSK: The Belarussian economy slowed to 8.1 per cent in 2007 against almost 10 per cent the previous year, state-owned news agency BelTA said on Saturday, but the growth was within a government target of between 8-9 per cent.

Ex-Soviet Belarus has had to absorb almost a doubling of the price for its gas imports from Russia in 2007.Prices of $100 per 1,000 cubic metres of gas hit growth and fired inflation to 12.1 per cent in 2007.—Reuters

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