In the coming year administrative procedures will be simplified and transferred into electronic format. It is expected that the most popular administrative procedures will be determined by the business community. In addition, entrepreneurs will be offered more favorable conditions of financial support. According to the recently published ranking of the World Bank Doing Business, our country takes the 37th place.
Business in Belarus will also be supported by loans of the Bank of Development. Loans at 7% per annum will be provided to those planning to develop production and engage in import substitution. Special grants will be given to innovative businesses. The volume of support amounts to 17 million Euros.












