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30 May 2022, 14:13

Belarus government to take measures soon to support state enterprises, private businesses

MINSK, 30 May (BelTA) – The government will soon take a set of measures meant to support enterprises and businesses. First Deputy Prime Minister of Belarus Nikolai Snopkov made the statement as he summed up results of the government conference held by Belarus President Aleksandr Lukashenko on 30 May, BelTA has learned.

Nikolai Snopkov stressed: “In any economic situation and particularly in the current one three elements of the government's work are needed at all levels: an analysis of the situation, its recognition, and its resolution. The faster a proper decision is made, the better.”

In his words, participants of the conference discussed the work of the operations and situations center, which convenes every day, and the work of the working group on anti-sanctions, which meets periodically in order to address systemic tasks. “More than 100 proposals submitted by government agencies, enterprises, oblast administrations, and the business community were discussed. The president decided in favor of implementing the solutions [the government had worked out by analyzing the situation and the submitted proposals] into the economic environment. The government was instructed to make the decisions with this in mind. The head of state will give the necessary authorizations if it is necessary,” Nikolai Snopkov said.

Asked how soon the relevant documents will be ready, the official explained: “We will endeavor to get everything implemented very soon.”

Speaking about concrete forms of support and the spheres the measures will affect, Nikolai Snopkov noted that those are standard. “They consist of basic elements, manufacturing stages such as purchases, logistics, transactions, and regulations. It is what the product manufacturing process consists of. We will offer certain liberalizations to each of them. It will affect rent, transactions, and certain kinds of taxes in order to support the private sector. It also applies to interaction in the course of certification and marking of goods,” he said.

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