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10 Mar 2016

Belarus president in favor of offering more development opportunities to SMEs

MINSK, 10 March (BelTA) – It is necessary to offer more development opportunities to private small and medium enterprises. Belarus President Alexander Lukashenko gave the relevant instructions during the government conference held on 10 March to discuss the development of the pension system, BelTA has learned.

After the conference Labor and Social Protection Minister Marianna Shchetkina quoted Alexander Lukashenko as saying that a lot is said in Belarus about the development of small business yet the available assistance is insufficient.

“This is why it is necessary to give more opportunities for the development of small and medium private businesses, more opportunities for enterprising people to do business if they are inclined towards it,” said the Minister.

This approach can also come in handy for creating more jobs. If the retirement age is raised, a surplus of workforce will be available on the labor market. Those people need new jobs because university graduates and young Belarusians should be able to enjoy their guaranteed first jobs.

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