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Economy
29 April 2022, 19:55

Belarusian economy minister: Time to mobilize all resources in order to endure and move forward

Aleksandr Chervyakov
Aleksandr Chervyakov

MINSK, 29 April (BelTA) – It is necessary to mobilize all the available resources in order to endure and move forward. Belarusian Economy Minister Aleksandr Chervyakov made the statement as he visited Grodno Oblast on 29 April, BelTA has learned.

Aleksandr Chervyakov took part in a session of the Mosty District Executive Committee where results of the region's social and economic development in Q1 2022 and this year's prospects were discussed.

In his words, in the current conditions efforts of the central government and municipal authorities should be focused on achieving the goal set by the head of state – preserving the pace of economic growth at last year's level.

Aleksandr Chervyakov said: “To do that, it is necessary to mobilize all the available resources in order to endure and move forward. As a matter of principle, conditions on foreign markets favor it. Indeed, the European Union and Ukraine have enforced restrictions but huge niches are opening up in the direction of Russia. Demand for products of our enterprises is huge over there. I am talking about mechanical engineering products, food, and other conventional exports. We should be very flexible and prompt in this matter. Otherwise, others will take our place. To grab the opportunity, it is necessary to correctly and effectively use the existing resources, secure maximum performance from them, and observe technological discipline and labor discipline without question.”

The minister stressed that only if these conditions are met, the priorities defined by the comprehensive plan on supporting the national economy can be secured. “The key tasks include export re-orientation, stimulation of import substitution, and most importantly financial stability and rehabilitation of enterprises. It is necessary to pay close attention to them. It is how we will counter external pressure. An emergency operations center continues working every day as part of the central government. It constantly reviews proposals of industries and regions and makes systemic and pinpoint decisions if necessary. Your initiatives can help promptly detect and resolve problems and thus bolster the stability of the economy,” Aleksandr Chervyakov said.

The economy minister also visited OAO Mogotex and OAO Mostovdrev and talked to workers of the enterprises. Prices, availability of goods and foods in retail, access to consumer loans, training of young personnel for enterprises, and other matters were touched upon during the meetings.

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