10 May 2024
Eastern Europe, Caucasus and Central Asia, Financial sector, CASE Reports

Belarus Business Barometer, October 2023

The report explores how the political unrest in Belarus, especially after the disputed presidential elections in August 2020, led many businesses to leave the country. It discusses the difficulties these businesses faced, like more government scrutiny, fewer customers, and limited chances to grow. After Russia's invasion of Ukraine in February 2022, new economic sanctions made it even harder for businesses to stay in Belarus. This forced many to consider moving elsewhere.

Furthermore, the text mentions that because of the tough business environment and stricter rules, a lot of Belarusian businesses shut down. This prompted some entrepreneurs to leave Belarus and start anew in the European Union. The report aims to give a clear picture of how many Belarusian businesses are now in the EU, what they're doing, and what problems they're encountering.


Read the report