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Press conference on the results of the 8th IBO measurement –10/19/2015

On 10.19.2015 the press conference for the media took place, initiated by the Minsk Capital Union of Entrepreneurs and Employers. The results of the 8th survey on measuring the index business optimism of entrepreneurs of Belarus were presented. The survey was conducted at the initiative of business community in September. This index (IBO-8) amounted to -0,09 (-0.09). This is the lowest number of all the time the study has been conducted.

The index of business optimism of entrepreneurs of Belarus remains in the area corresponding to the dominance of “moderate skepticism” in the attitudes of Belarusian entrepreneurs, even in the complexity of the economic situation.

The results of theIBO measurements were presented to journalists by Vice-Chairwoman of the PA “MCUEE” LiliaKoval, Chairman of the Presidiumof the Associationof legal entities “Republican Confederation of Entrepreneurship”, Chairman of the Public Association “Minsk Capital Union of Entrepreneursand Employers”Vladimir Karyagin.

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Abolition of National Bank Decree 599

ALE “RCE”, PA “MCAEE”, PA “Belarussian Association of Employers”, Association of retail networks, Council for Entrepreneurship of Republic of Belarus proved the necessity to abolish Decree №599 to National Bank of Belarus.
The Decree recommended banks to introduce a fee for cash collection services at the rate of at least 0,1%; for acquiring –of least 0,8% of the operation amount. Besides, banks were recommended to charge at least 1% for receiving cash from sale of goods and services.
The specialists of the Ministry of Trade estimated, that on account of the Decree costs of trade entities could grow by approximately 2 times, collection costs – by 3- 4 times, cash receiving – not less than 8 times. The costs of trade organizations would make up more than 2 trillion rubles a year, which would increase prices.

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