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14 December 2022, 09:33

Belarus' Economy Ministry upholds stronger investment component of state programs

Tatiana Brantsevich. Photo courtesy of the Economy Ministry
Tatiana Brantsevich. Photo courtesy of the Economy Ministry

MINSK, 14 December (BelTA) – The Economy Ministry supports the strengthening of the investment component of state programs, Deputy Economy Minister Tatiana Brantsevich said at a regular meeting of the interdepartmental commission on state programs, BelTA learned from the press service of the Economy Ministry.

The participants of the event discussed proposals to fine-tune the state programs “Public Finance Management and Financial Market Regulation” and “Agricultural Business”.

According to Tatiana Brantsevich, state programs are a powerful budget instrument to boost economic growth, especially in the regions. “The state invests significant funds through this instrument. In fact, this is our internal reserve that should be used as efficiently as possible right now to achieve the objectives of the 2025 program. The Economy Ministry is ready to support adjustments that will strengthen the investment component of state programs,” she stressed.

The deputy minister emphasized that it is necessary to show a significant economic effect from such a “financing maneuver” or implement social infrastructure projects that improve the quality of life of people.

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