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Quarterly Global Market Report Q4 2020

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42 November, 2020 Belarus Global: 64 Availability: 42 Cost: 64 Regulation: 64 Productivity: 42 2020 Global TWI Ranking (out of 76) 2020 Regional TWI Ranking (out of 40) Region: 37 Availability: 27 Cost: 33 Regulation: 39 Productivity: 18 Remote Readiness 29 Remote Readiness 45 Belarus is yet to publish the cost of measures to mitigate the financial impact of Covid-19 and some measures are being implemented at a local level. However, Belarus has announced that there will be additional spending on the healthcare sector. Workers in the public sector are being paid at least the minimum wage even if they have had hours reduced or are currently unable to work. https://www.imf.org/en/Topics/imf-and-Covid-19/Policy-Responses-to-COVID-19 Although Minsk Airport is open, land borders are closed between Belarus, Poland, Latvia, Lithuania and Ukraine for all foreign citizens. Valid medical insurance is a requirement of travel to Belarus and most arrivals will need to quarantine for 10 days. Businesses and schools remain open. Belarus Q4 2019* Q4 2020* % Change YOY Total Workforce 4.98M 4.94M -9.7% Unemployment Rate (%) 4% 4% - Unemployed Workers 199K 182K -9% Manpower 2020 Total Workforce Index Workforce Statistics Covid-19 Situation Border Closures and Restrictions Additional Government Spending and Foregone Revenue to September 2020 Covid-19 Confirmed Cases and Deaths Reported to WHO (on a weekly basis) *Reported figures at Q4 each year https://covid19.who.int/ Other Sources: https://data.worldbank.org/ https://ilostat.ilo.org/ https://home.kpmg/xx/en/home/insights/ https://www.gov.uk/foreign-travel-advice United States Embassy https://tradingeconomics.com/ https://statbel.fgov.be/

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