{"id":197849,"date":"2026-07-30T12:57:38","date_gmt":"2026-07-30T09:57:38","guid":{"rendered":"https:\/\/pozirk.online\/en\/news\/197849\/"},"modified":"2026-07-30T12:57:40","modified_gmt":"2026-07-30T09:57:40","slug":"central-bank-capex-growth-not-supported-by-business-sustainability","status":"publish","type":"articles","link":"https:\/\/pozirk.online\/news\/197849","title":{"rendered":"Central bank: CapEx growth not supported by business sustainability"},"content":{"rendered":"\n<p><strong>July 30, <em>Pozirk.<\/em> <\/strong>A rise in capital expenditures (CapEx) is not quite supported by business sustainability, Raman Ha\u0142o\u016d\u010danka, head of the National Bank of Belarus said at a board meeting on July 30.<\/p>\n\n\n\n<p>CapEx expansion has been fueled by bank loans, while the proportion of own funds has been shrinking, he said.<\/p>\n\n\n\n<p>CapEx rose by 4.5 percent in the first half of the year, he said, noting that spending on equipment increased by nearly 9.5 percent.<\/p>\n\n\n\n<div class=\"insert-block\">\n\n    <div class=\"insert-block__img\">\n        <img decoding=\"async\" width=\"354\" height=\"236\" src=\"https:\/\/pozirk.online\/wp-content\/uploads\/2025\/10\/kalkulator_aaron_lefler_unsplash-354x236.jpg\" class=\"attachment-medium size-medium\" alt=\"\" srcset=\"https:\/\/pozirk.online\/wp-content\/uploads\/2025\/10\/kalkulator_aaron_lefler_unsplash-354x236.jpg 354w, https:\/\/pozirk.online\/wp-content\/uploads\/2025\/10\/kalkulator_aaron_lefler_unsplash-734x490.jpg 734w, https:\/\/pozirk.online\/wp-content\/uploads\/2025\/10\/kalkulator_aaron_lefler_unsplash-178x118.jpg 178w, https:\/\/pozirk.online\/wp-content\/uploads\/2025\/10\/kalkulator_aaron_lefler_unsplash-768x512.jpg 768w, https:\/\/pozirk.online\/wp-content\/uploads\/2025\/10\/kalkulator_aaron_lefler_unsplash.jpg 1128w\" sizes=\"(max-width: 354px) 100vw, 354px\" \/>                        <label class=\"insert-block__tag--mobile\"> Economy<\/label>\n\n                <\/div>\n    <div class=\"insert-block__text\">\n                    <label class=\"insert-block__tag\">Economy<\/label>\n                <h3 class=\"insert-block__title\">Economy ministry forecasts export growth, inflation below 6 percent in 2027<\/h3>\n        <div class=\"insert-block__descr\">July 29, Pozirk. The government expects the exports of goods and services to grow by 2.9 percent, investments by 3.1 percent with inflation below 6 percent by the end of 2027, Economy Minister Juryj \u010cabatar has told a government meeting. &#8230;<\/div>\n        <a class=\"insert-block__btn-block\" href=\"\/en\/news\/197764\">\n            <button class=\"btn\">\n                <div class='btn__text'>Read the article<\/div>\n            <\/button>\n        <\/a>\n    <\/div>\n<\/div>","protected":false},"excerpt":{"rendered":"<p>July 30, Pozirk. A rise in capital expenditures (CapEx) is not quite supported by business sustainability, Raman Ha\u0142o\u016d\u010danka, head of the National Bank of Belarus said at a board meeting on July 30. CapEx expansion has been fueled by bank loans, while the proportion of own funds has been shrinking, he said. CapEx rose by [&hellip;]<\/p>\n","protected":false},"author":83,"featured_media":140700,"template":"","rubric":[21],"class_list":["post-197849","articles","type-articles","status-publish","has-post-thumbnail","hentry","rubric-economy"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v25.5 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Central bank: CapEx growth not supported by business sustainability | Pozirk<\/title>\n<meta name=\"description\" content=\"July 30, Pozirk. A rise in capital expenditures (CapEx) is not quite supported by business sustainability, Raman Ha\u0142o\u016d\u010danka, head of the National Bank of\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/pozirk.online\/en\/news\/197849\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Central bank: CapEx growth not supported by business sustainability | Pozirk\" \/>\n<meta property=\"og:description\" content=\"July 30, Pozirk. A rise in capital expenditures (CapEx) is not quite supported by business sustainability, Raman Ha\u0142o\u016d\u010danka, head of the National Bank of\" \/>\n<meta property=\"og:url\" content=\"https:\/\/pozirk.online\/news\/197849\" \/>\n<meta property=\"og:site_name\" content=\"Pozirk\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/www.facebook.com\/pozirkonline\/\" \/>\n<meta property=\"article:modified_time\" content=\"2026-07-30T09:57:40+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/pozirk.online\/wp-content\/uploads\/2025\/05\/golovchenko_zoloto_gom_prav_1128x752.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"1128\" \/>\n\t<meta property=\"og:image:height\" content=\"752\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:site\" content=\"@Pozirk_online\" \/>\n<meta name=\"twitter:label1\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data1\" content=\"1 minute\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"NewsArticle\",\"@id\":\"https:\/\/pozirk.online\/news\/197849#article\",\"isPartOf\":{\"@id\":\"https:\/\/pozirk.online\/news\/197849\"},\"headline\":\"Central bank: CapEx growth not supported by business sustainability\",\"datePublished\":\"2026-07-30T09:57:38+00:00\",\"dateModified\":\"2026-07-30T09:57:40+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/pozirk.online\/news\/197849\"},\"wordCount\":83,\"publisher\":{\"@id\":\"https:\/\/pozirk.online\/en\/#organization\"},\"image\":{\"@id\":\"https:\/\/pozirk.online\/news\/197849#primaryimage\"},\"thumbnailUrl\":\"https:\/\/pozirk.online\/wp-content\/uploads\/2025\/05\/golovchenko_zoloto_gom_prav_1128x752.jpg\",\"inLanguage\":\"en-US\"},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/pozirk.online\/news\/197849\",\"url\":\"https:\/\/pozirk.online\/news\/197849\",\"name\":\"Central bank: CapEx growth not supported by business sustainability | Pozirk\",\"isPartOf\":{\"@id\":\"https:\/\/pozirk.online\/en\/#website\"},\"primaryImageOfPage\":{\"@id\":\"https:\/\/pozirk.online\/news\/197849#primaryimage\"},\"image\":{\"@id\":\"https:\/\/pozirk.online\/news\/197849#primaryimage\"},\"thumbnailUrl\":\"https:\/\/pozirk.online\/wp-content\/uploads\/2025\/05\/golovchenko_zoloto_gom_prav_1128x752.jpg\",\"datePublished\":\"2026-07-30T09:57:38+00:00\",\"dateModified\":\"2026-07-30T09:57:40+00:00\",\"description\":\"July 30, Pozirk. 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