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07 June 2022, 19:57

More money allocated to support Belarusian exporters

Photo courtesy of the Economy Ministry press service
Photo courtesy of the Economy Ministry press service

MINSK, 7 June (BelTA) – Belarusian Deputy Economy Minister Dmitry Yaroshevich went on the air of the TV channel Mir24 and talked about the work of the presidential decrees meant to support Belarusian exporters, BelTA has learned.

After the pressure of sanctions began, the Economy Ministry took steps to minimize or somehow compensate for the restrictions. “This pressure increased considerably in Q1 2022. After we started getting proposals and queries from municipal government agencies and the private sector, we used these queries to put together a common list of proposals or demands,” the official reminded.

Dmitry Yaroshevich spoke at length about the work of two export-oriented presidential decrees – No.466 and No.534. “They have been in effect for years and are rather effective. They offer genuine support to buyers of our products and represent an effective financial tool, which allows our exporters to trade more successfully. It was decided that the resources allocated within the framework of these decrees will be greatly increased, thus reducing expenses of our exporters. This support is provided at rates below the market. Because the enterprises are now incurring additional expenses due to logistics. Logistic costs have increased all over the world now.”

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