Lukashenko Is Dissatisfied with the Failure of Economic Forecast for 2010

27.08.2010 15:30
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President of Belarus, Alexander Lukashenko, is dissatisfied with the work of the government and the National Bank of Belarus on the implementation of most important parameters of socio-economic development. The head of state declared about it on August 27 during the report of the government and the National Bank on economy and socio-economic development.

According to Alexander Lukashenko, despite the gradual growing of the pace, there are a number of unresolved issues, considerably limiting dynamic socio-economic development of the country. «In January-July 2010, the implementation of the most important parameters on the main indicators of the forecast was almost failed. There not achieved neither the planned in industrial production nor in production of agricultural products, not in investment in fixed capital, nor in other critical indicators», BelTA quotes Belarusian leader.

As a result, it significantly affected the growth rate of gross domestic product (107% with the forecast of 111-113%), the president noted. The head of state called extremely unsatisfactory the work of state bodies to attract foreign direct investment to the economy. The president noted the imbalance in foreign trade and low diversification of export. «Over six months of this year, the negative balance of foreign trade in goods and services amounted to $2.4 billion», Alexander Lukashenko summed up.

Moreover, the head of state drew attention to the problem of elimination of unsaleable stock in warehouses once again. According to the head of state, the solution of this problem is important itself. «Financial situation in real sector of economy depends on it», Alexander Lukashenko stressed.

Foreign trade partners of Belarus but not the country itself have benefits form export growth and unloading of warehouses, Lukashenko

Belarusian leader also drew attention to the growth of notes payable. «That is, finished goods are dispatched and the revenue is not received», the head of state underlined. «Moreover, external arrears of Russian partners exceeded debts of Belarusian industrial enterprises by Br347 billion or in four times. In other words, it means that foreign trade partners but not Belarusian manufacturers have benefits from export growth and warehouses’ unloading».

«Reports of the government and the National Bank should be focused on the most important goal — to improve the competitiveness of national economy, which should be solved mainly through innovations», Alexander Lukashenko stressed. Furthermore, the president also asked about the situation on the currency market of the country, noting the negative balance of businesses entities. «If enterprises were the main suppliers of foreign currency before , now the situation has become quite opposite», the president said.

The head of state demanded the government and the National Bank to make concrete proposals to solve problems till the end of this year.

In addition, according to Belarusian leader, «today we have to work out the most important tools to execute the state policy for 2011, examine in details the drafts of socio-economic development of the country, of the budget, of main directions of monetary policy submitted by the government and the National Bank, to discuss proposals to improve taxation system and main provisions of the draft Program of socio-economic development till 2015».

«No reports to yourself. Businesslike: problems, measures and solutions», Alexander Lukashenko demanded.

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