MINSK, 23 September (BelTA) - It is important to learn to work efficiently in the economy despite a possibility of “black swans” or new unexpected problems, Prime Minister Aleksandr Turchin told the media following a meeting with Belarusian President Aleksandr Lukashenko in Minsk on 23 September, BelTA has learned.
According to Aleksandr Turchin, it is difficult to characterize the current state of the economy in definitive terms as the current environment is very challenging. There is the sanction pressure, new unfriendly decisions and actions against Belarus, such as Poland's border closure. “Every day we expect another, as I call them, ‘black swans’. It seems to me that a calm life is definitely a thing of the past. Various problems will continue to arise. Our task is to deal with them effectively. The government's responsibility is to make sure there is no collapse and that the growth (of the economy) is balanced. Growth cannot be achieved at the expense of other indicators,” the prime minister said.
“To say that we have no problems would be incorrect. But the government's goal at this stage is to ensure balanced economic growth," he emphasized. For example, to ensure that the growth of industrial output is not accompanied by a rise in warehouse inventories and accounts receivable.
“The government is working very intensively on this track, collaborating with our partners from the EAEU and the Russian Federation. There are a number of agreements that allow us to look forward with a certain degree of optimism,” Aleksandr Turchin emphasized.
He noted that there are some problems with certain enterprises and industries that previously received state support and are now failing to meet their debt obligations. The government is solving these problems systemically. Work is currently underway to develop strategic solutions, primarily concerning Bellesbumprom and Bellegprom concerns. There are no simple solutions here, the prime minister emphasized. According to him, corresponding proposals are planned to be submitted to the head of state during the year.
According to Aleksandr Turchin, it is difficult to characterize the current state of the economy in definitive terms as the current environment is very challenging. There is the sanction pressure, new unfriendly decisions and actions against Belarus, such as Poland's border closure. “Every day we expect another, as I call them, ‘black swans’. It seems to me that a calm life is definitely a thing of the past. Various problems will continue to arise. Our task is to deal with them effectively. The government's responsibility is to make sure there is no collapse and that the growth (of the economy) is balanced. Growth cannot be achieved at the expense of other indicators,” the prime minister said.
“To say that we have no problems would be incorrect. But the government's goal at this stage is to ensure balanced economic growth," he emphasized. For example, to ensure that the growth of industrial output is not accompanied by a rise in warehouse inventories and accounts receivable.
“The government is working very intensively on this track, collaborating with our partners from the EAEU and the Russian Federation. There are a number of agreements that allow us to look forward with a certain degree of optimism,” Aleksandr Turchin emphasized.
He noted that there are some problems with certain enterprises and industries that previously received state support and are now failing to meet their debt obligations. The government is solving these problems systemically. Work is currently underway to develop strategic solutions, primarily concerning Bellesbumprom and Bellegprom concerns. There are no simple solutions here, the prime minister emphasized. According to him, corresponding proposals are planned to be submitted to the head of state during the year.
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