Исследовательский Центр ИПМ
Kasrtyčnicki Ekanamičny Forum

Belarusian SME in 2014-2015: trends of growth and barriers for development


The paper gives a view on the current situation for Belarusian SME and problems they face, based on polling SME and national statistical data. In 2014-2015 small and medium business felt more pressure from the hostile economic environment. However, but for the efforts of business and government in business improvement, it has not increased fast. Year 2015 clearly showed that growth rates of the SME sector in the Republic of Belarus were behind planed numbers. There is a need for new complex strategy of stimulating private enterprises, which takes into account current economic situation and necessity of the additional measures to support and stimulate SME.