MINSK, 8 April (BelTA) – Belarus President Aleksandr Lukashenko drew close attention to the matter of development of the Belarusian economy during an interview with the Interstate TV and Radio Company Mir, BelTA has learned.
The growth rate of the Belarusian economy totaled about 4% in 2024.
Asked whether it will be possible to preserve this dynamics this year, Aleksandr Lukashenko offered an opinion: “Yes, the growth rate will be somewhere close to that.” At the same time he pointed out that it is rather difficult to constantly increase the growth rate due to the high baseline: “The baseline, to which we add percentage, grows higher all the time.”
“It is easier to grow in comparison with zero than in comparison with 90%. This is why naturally [economic growth of] 4.5% or 5% cannot be constantly maintained either in Belarus or Russia,” the president stressed. “But don’t worry because the one percent or the two percent we will gain in 2027-2030 will add more weight than today’s 3%, 4% or 5%. This is why one cannot hope that we will gain 5% every time.”
At the same time Aleksandr Lukashenko noted that the expansion of the Belarusian economy in 2024 was larger than the expansion of the German economy. “And we can talk about it because we didn’t have a zero. We had a very high economic baseline and it is very difficult for us to add 4%,” the head of state noted.
According to the president, credit where credit is due, it is necessary to thank the Western companies that no longer operate in Belarus and Russia, thus benefiting the domestic producers. “Providing for people is a very important sphere. And Belarus has something to provide people with,” the head of state stressed.
Belarusian high-tech enterprises have also been given an advantage. One of them is Integral Company. “Only Belarus has preserved the foundations of microelectronics and today we are in demand on our main market and not only on the Russian market,” the president continued.
Aleksandr Lukashenko also stressed: “In other words, we have preserved our school of expertise. We’ve preserved our capabilities. And it gave us serious gains, including in economy. Primarily thanks to the Russian market. For defense weapons, for the space industry, for the nuclear power plant we make a very great deal and we supply most of our high-tech products to Russia’s technological industries.”
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