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25 Feb 2015

Belarus government action program for 2015 voted through parliament

MINSK, 25 February (BelTA) – Members of the House of Representatives of the National Assembly of Belarus have voted for the government’s action program for 2015. The relevant decision was made during the sixth session of the fifth convocation on 25 February, BelTA has learned.

Prime Minister of Belarus Andrei Kobyakov was available to answer questions of the parliamentarians.

The document comprises seven chapters to cover all the areas of efforts of the government. Each chapter specifies concrete goals, tasks, implementation mechanisms, and agencies responsible. Independent sections have been dedicated to major directions of the regional policy, the preservation and enhancement of the human potential, and to ensuring the country’s economic security.

In 2015 the key purpose of the Belarus government’s work will be ensuring the macroeconomic and social stability in conditions of growing external challenges and threats, securing a quality end of the current five-year term, and enabling conditions for the dynamic economic development of Belarus in 2016-2020 and later on. The top goals include the pursuance of an effective macroeconomic and monetary management policy, the modernization of the state system used to regulate the economy, the promotion of competition, small and medium entrepreneurship, the enhancement and diversification of export, persistent enhancement of integration in the Eurasian Economic Union, and the development of the program for Belarus’ social and economic development in 2016-2020.

The government and the National Bank have come up with scenarios that outline the development of the national economy in 2015 depending on oil prices and the exchange rate of the Russian ruble as the most predictable parameters that influence the macroeconomic situation in Belarus. Responses and economy balancing measures have been worked out for each scenario.

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