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02 May 2017, 12:16

Economic innovations in focus of Belarus government conference

MINSK, 2 May (BelTA) – The ways of improving legal regulation in separate sectors of the Belarusian economy are being discussed at a meeting chaired by Belarus President Alexander Lukashenko, BelTA has learned.

“Today we are to consider a number of projects aimed at improving the legislation in certain areas of the Belarusian economy. The matter pertains to the introduction of a new mechanism to pay off debts and modern methods of registering payments in the transport sector. There are also innovations for the turnover of tobacco products and electronic cigarettes,” the head of state said.

According to him, the submitted legal acts have an impact on a wide range of companies, financial institutions and, most importantly, citizens.

Alexander Lukashenko asked the participants about the essence of the proposed innovations, what the expected economic and social effect is going to be, whether the proposed documents are systematic and relevant.

“There should be no artificiality. We do not need no reforms for the sake of reforms. A reform means improvement,” Alexander Lukashenko said. “Let us work calmly. If you think we need these laws then let's pass them,” the Belarusian leader noted.

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