At present, in Belarus there is an active transformation of state enterprises into joint stock companies. It was stated by Prime Minister, Sergei Sidorsky, during a working meeting with the Resident Representative of the International Monetary Fund in Belarus, Natalia Kolyadina. According to him, the Republic is committed to further privatization of state-owned enterprises.
The prime minister recalled that on March 1, 2010, the president of Belarus gave instructions on contest alienation of five joint-stock companies’ shares: Bobruisk Machine-Building Plant, VolMET (Volkovysk), Lidsky Foundry-Mechanical Plant, Barhim (Baranovichi) and Rechitsa Textiles, the head of the Council of Ministers of Belarus said.
State Property Committee of Belarus prepared this list in conjunction with the IMF. Companies’ shares are planned to sell with active participation of foreign companies consultants. In early autumn, it’s planned to hold a contest to sale shares of these five state-owned JSCs.
According to Sergei Sidorsky, Belarus’ foreign partners are pleased that the country’s economy is on the rise. Belarusian Prime Minister reported that in the first half of the year Belarus’ GDP growth amounted to more than 106%, and in the second half it was planned to be even more active. «At least, the government expects it to reach significant rates of our economy development in coming five years», Sergei Sidorsky noted.
In her turn, Natalia Kolyadina stressed that in Belarus under the program with the IMF there had been done a lot and now «it is important not only to save everything done under the program, but vice versa — to enlarge and use it to that Belarusian economy grows more rapidly in the future and maintains macroeconomic stability».
