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Economy
11 June 2020, 13:31

Belarus government to identify reserves for economic growth soon

Roman Golovchenko
Roman Golovchenko

MINSK, 11 June (BelTA) – The government will soon consider the main results achieved by implementing the measures designed to support the economy amid the pandemic and will identify reserves for putting the economy on a growth trajectory, BelTA learned from Prime Minister of Belarus Roman Golovchenko in the parliament on 11 June.

Roman Golovchenko noted that in day-to-day operation the government will keep in mind the need to help the economy recover from consequences of the global crisis caused by the pandemic. A package of anticrisis measures is already being implemented. The new composition of the government will consider the main results achieved by the support measures during the next session of the Council of Ministers. The government will also identify reserves for putting the economy on a growth trajectory, Roman Golovchenko noted.

The prime minister went on saying that in association with the central bank the government will continue implementing measures to ensure macroeconomic stability, improve the structure of the balance of payments, further reduce inflation, and make resources more affordable for the real sector of the economy.

Preparing the program on social and economic development for the next five-year term and a package of documents for 2021 was mentioned as a short-term goal. In particular, Roman Golovchenko mentioned the draft social and economic development forecast, the draft budget, and the main monetary management guidelines. The Council of Ministers counts on constructive cooperation with the parliament in the course of developing these documents.

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