Belarusan delegation presented an action plan to carry out this reform and increase the competitive capacity of the national economy.
High-ranking Belarusan economic officials held talks with representatives of the International Monetary Fund and the World Bank in Minsk on October 18 to discuss structural reform, BelaPAN said.
The Belarusan delegation to the meeting included Economy Minister Mikalay Snapkow; Finance Minister Andrey Kharkavets; Alyaksandr Zabarowski, head of the Council of Ministers secretariat; Deputy Economy Minister Dzmitry Holukhaw; Deputy Finance Minister Maksim Yermalovich; and Ihar Staravoytaw, deputy minister of labour and social security.
Participating in the meeting were, among others, David Hoffman, head of the IMF mission in Belarus; Lalitha Murthy, head of the World Bank's mission in Belarus; and Heliodoro Temprano Arroyo, head of the Neighbourhood Countries – Macro-Financial Assistance Unit of the European Commission’s Directorate General for Economic and Financial Affairs.
Participants exchanged opinions on possible approaches to structural reform of the Belarusan economy, according to the press office of the economy ministry.
The Belarusan delegation presented an action plan to carry out structural reform and increase the competitive capacity of the national economy, which was adopted by the Council of Ministers and the National Bank on October 10, the press office reported.
Participants discussed major steps to be taken in the remaining months of 2013 and in 2014 to implement the plan, the press office said.
The Belarusian government has invited the European Bank for Reconstruction and Development (EBRD) to prepare five large state-owned companies for privatization.
Officially, the unemployment in our country is reducing – if judging by the number of registrations at the labor exchange; however, the number of jobs doesn’t increase in the economy.
Recently Belarus State Military Industrial Committee announced that in the first half of 2016 its enterprises earned a net profit of $80m, thus over-fulfilling the assigned export plans by a quarter.
Poor economic conditions in the countryside, restrictions, unfair competition, inefficiency of state-owned agricultural enterprises also contribute to this ‘success story’, writes Aliaksandr Filipau.
On 20 June Lukashenka met with vice-chair and president of the Chinese CITIC Group Corporation Wang Jiong; it seems especially important in light of Lukashenka’s planned visit to China in September.
All the conditions for everyone to be able to earn a decent salary have been enabled in Belarus, however, it is necessary to make some effort to get the money, assumes the president.
Belarus is losing currency earnings – in the 6 months of 2016 the country earned 3 billion less than in the same period in 2015. Instead of removing the causes of the flop the state relies on magic.
He said Belarus would likely face economic tightening not only as a result of the coronavirus pandemic but also a Russian trade oil crisis that worsened this past winter.
In his report, philosopher Gintautas Mažeikis discusses several concepts that have been a part of the European social and philosophical thought for quite a time.
It is impossible to change life in cities just in three years (the timeline of the “Agenda 50” campaign implementation). But changing the structure of relationships in local communities is possible.