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10 March 2023, 16:21

PM: Key sectors of Belarusian economy adapted to new realities

MINSK, 10 March (BelTA) - Key sectors of the Belarusian economy have adapted to the new realities, Belarusian Prime Minister Roman Golovchenko said at the meeting of the Council of Ministers that was chaired by the head of state to consider the country's economic performance in 2022 and map out plans to address social and economic development tasks for 2023, BelTA has learned.

"We continues to apply the mobilization approach to the real sector which proved itself in 2022. The results of January show that the key sectors of the economy have adapted to the new conditions. The Industry Ministry posted the growth of 4.9%, Bellegprom - 5.5%, Belneftekhim - 2.5%, Belgospishcheprom – 24.9%. According to the operational data, the index of physical volume of industrial production over the two months expanded by another 2.3 percentage points. In general, the decline in GDP in January is technically due to the high base of [January] 2022 for individual industries. The trend will remain in place in February. In March, we will set the economy on a course towards growth," Roman Golovchenko said.

The president urged to focus, among other things, on the high base of past periods, not on the losses of 2022. "We need to add, and even how to add," the head of state said.

"There is a matrix of tasks. This is a weekly control of completed tasks in terms of physical quantities. This is an increase in production through specific commodity items," Roman Golovchenko added.

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