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30 May 2022, 11:21

Lukashenko on sanctions: Difficulties are not a reason to panic

MINSK, 30 May (BelTA) – Difficulties are not a reason to panic, but one should not expect that the situation with the sanctions will resolve on its own, Belarusian President Aleksandr Lukashenko said at a session to discuss the bill on the improvement of Belarus' social and economic policy in Minsk on 30 May, BelTA has learned.

"Domestic enterprises have faced the barriers artificially created on the external contour. They have affected all stages of the production process: the purchase of raw materials, transportation, settlements, finance, credit support, and export. I remind you that difficulties are not a reason to panic, but one should not expect that the situation will resolve on its own," Aleksandr Lukashenko stressed.

The head of state noted a decrease in sales of potash and petroleum products. These two positions (their share at 13%) impacted the overall performance of the industrial complex. "It should be noted that these are extremely important goods for the world market, the prices for which have gone up tremendously," the president said.

The situation with the export of potash and petroleum products also had a negative impact on the transport industry and wholesale trade. Other sectors of the Belarusian industry operate at 100% and higher. "I am sure that we will settle the difficulties with both oil and potash fertilizers," Aleksandr Lukashenko said.

He reminded the meeting participants about the goals of the current forecast of social and economic development in 2022: to maintain employment, to prevent the shutdown of enterprises, and to maintain the current level of household incomes.

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