Alyaksandr Lukashenko1994
A proposal is made to unite the monetary systems of Belarus and Russia, but falls apart when Russia refuses to accept the financial burden of propping up Belarus
Belarus · Government / Government of Belarus. Chronological records rendered directly from the World History Database.
A proposal is made to unite the monetary systems of Belarus and Russia, but falls apart when Russia refuses to accept the financial burden of propping up Belarus
The Belarus Parliament ousts its reform-minded leader, Stanislav Shushkevich, in protest against his support for market economics
A crackdown on commercial banks is begun with new rules and sharp restrictions and in some cases nationalization
Russia and Belarus sign a union charter for economic, military and political cooperation
Inflation in Belarus for the year ranged around 63%, the Government forces all private companies to reregister their licenses and didnt allow many of them to stay in business
Food rationing is imposed for milk, meat and other goods due to shortages
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