MINSK, 8 January (BelTA) - The people’s real disposable income is planned to go up 4%, while the inflation target – of no more than 5% - will help preserve the purchasing power and protect the people’s savings, Belarusian Economy Minister Yuri Chebotar said in an interview to the Economy of Belarus Magazine.
“The investment growth of 7.8% will be the main point of economic development. We plan to achieve this result through the implementation of investment projects. There are more than 600 of them in the investment portfolio: One District - One Project initiatives, import-substituting and integration projects. Their implementation will give impetus to innovative industries and provide the country with new highly productive jobs. We will continue to develop cooperation with our main partners - Russia and China - in machine-tool and machine-building industries, medicine and pharmaceuticals, IT and other sectors,” he said.
The most important task is to increase exports of goods and services, its further diversification. We plan to grow by 5.4%. The target is achievable as Belarusian goods are well-known and popular in many countries. We have a lot to offer: food products, chemical industry products, engineering, metallurgy, woodworking and many others. The window of opportunity is the markets of Asian and African countries. In 2025 we plan to increase supplies to these regions by another 20%.The agreements reached and joint programs will open up additional opportunities for Belarusian exporters.
According to the economy minister, the fulfillment of these tasks in 2025 will make it possible to achieve a GDP growth rate of 104.1%.
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