Andrei Kobyakov chairs a meeting of the Council of Ministers |
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Prime Minister Andrei Kobyakov chairs a meeting of the Council of Ministers, which examined the results of socioeconomic development in the first half of 2015. As the Head of the Government said, the preliminary results indicate a shift towards a qualitative change in macroeconomic indicators, some their improvement. The economy, he said, works in the balanced mode, which is confirmed by the following factors: the country is calm and fully calculated by the foreign currency obligations of the state, foreign trade is balanced. The balance for the six months of this year - positive - nearly $ 1.2 billion. This is better than a year ago, twice. The growth in exports in May and June was achieved exceptional growth in the supply. Balancing work of the economy of the country also support the stability of the currency and deposit markets, the national budget surplus in January-July (Br14,4 trillion), slowing inflation. If last year for the first half it amounted to 110.2%, in the current - 107.3%. However, Andrei Kobyakov stated: achieving macroeconomic balance was accompanied by subsidence of gross indicators of economic development. Therefore, the Head of Government reiterated that the most important task for the second half - the resumption of economic growth. To meet this challenge requires the mobilization of all forces and resources in the main sectors. According to Andrei Kobyakov, today there are a few points, "which can push without fear for macroeconomic stabilization." Firstly, it is the export of goods and services. To exit the positive dynamics of economic growth to ensure GDP growth of over 100%, to sell Belarusian products to $ 1.3 billion in addition to the assessment of the current year at $ 33.6 billion. The second point is investments. It is important to understand that there is no extra money in the budget, said the Head of the Government. Therefore, it is necessary to increase the volume of construction work at the facilities financed with outside resources. It is primarily nuclear power, roads that are being built for the World Bank loans, Bank of China, power generation facilities. In turn, Minister of Economy Vladimir Zinovsky at a meeting of the Council of Ministers announced a strategy to restore economic growth in the II half. According to him, the key reserve restore economic dynamism is the growth of exports and the development of foreign credit lines. To ensure the GDP of 100.5% for the year, exports of goods and services should be incremented by $ 1.3 million to the assessment of the current year to $ 35 billion - said the Minister. To do this proposes to simplify the job of concessional lending under the 534 th decree, provide capacity of exports by groups of goods to China. In addition, major exporters must ensure this year brought shipments for export. It should also increase exports of services and reduce their imports. |
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