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Economy
30 September 2022, 15:57

Belarus' PM: It will be hard but possible to increase GDP in 2023

ORSHA, 30 September (BelTA) – It will be hard but still possible to grow the country's GDP by 3.8% in 2023, Belarus' Prime Minister Roman Golovchenko said during his working trip to Vitebsk Oblast on 30 September, BelTA informs.

“Investments and exports are expected to be the main drivers of the GDP growth. We have made the necessary calculations; investment projects of various scale have been planned throughout the country, including in Orsha District. Almost 90% of the necessary funding has been found. It is important that our plans should not remain on paper. We need to achieve our goals, but much will depend on how these funds will be used on the ground,” Roman Golovchenko specified.

The prime minister urged to learn from the mistakes that were made, among other things, during the implementation of the Orsha District development program. “It is not enough just to find financial resources, it is important to make sure that all the tasks are fulfilled. People on the ground – company heads and local authorities – must realize their responsibility and do whatever depends on them. They have everything in place to achieve the goals,” Roman Golovchenko said.

Speaking about exports, the premier noted that the market environment is favorable for Belarus right now. Belarus has calculated the volume of export to the Russian market, the EAEU, Asian countries. Belarus is not withdrawing from the European market, either. “The development program is difficult, but achievable,” he noted.

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