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20 Dec 2018

Business viewed as instrumental in promoting employment in Minsk

Business viewed as instrumental in promoting employment in Minsk

MINSK, 20 December (BelTA) - Business can play a significant role in promoting employment in Minsk, Belarus President Alexander Lukashenko said at the meeting with Minsk authorities on 20 December, BelTA has learned.

“Industrial enterprises in Minsk will be assimilating robotics technologies in the near future. The main task is that people have jobs, and we need to think about it today. Small and medium-sized businesses can prove instrumental in promoting employment. For that we need the number of small and smalled sized entities increase twofold in the medium term,” the Belarusian leader said.

“If the city authorities ‘stimulate’ entrepreneurship the way the previous city administration did, we will never solve the problem. Some 195 high-performance workplaces were set up in January-September 2018. However, despite the growth of the Minsk population, the number of employed has shrunk by 28,000 people,” Alexander Lukashenko said.

According to him, Minsk is the only region that constantly has a surplus budget. Today, however, it is reached mainly by importers. “There are 10,000 of them in the Belarusian capital. It is half of the total number of importers in the country. The government has been tasked with dealing with this import. It is working on import substitution. The structure of budget revenues should be less dependent on imports, taking into account the profitability of business in the city, the cost of land plots, and the level of income,” the head of state said.

The president emphasized that Minsk accounts for almost 16% of the country’s industrial output. Due to its mid-technology structure, it constantly suffers from a shortage of workers in specialties that are unattractive for residents of the capital. “This means people from regions come here. Today, almost 200,000 people work in the real sector of the city. This figure is smaller than in any of the regions,” the head of state said.


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