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Narovlya Regional Executive Committee
Main / News / Republic
23 December 2008

Belarus Premier: only export-oriented and competitive companies will get support

Only export-oriented and competitive companies will be supported by the state, said Prime Minister of Belarus Sergei Sidorsky at a session of the Presidium of the Council of Ministers to discuss the measures to maintain the stability of the country’s key and other enterprises on December 23, BelTA has learnt. The Prime Minister said, “At present, in the conditions of the global financial crisis we are focusing on the implementation of the innovation development programme.” The enterprises that managed to quickly upgrade their production and secured their competitiveness will get the state support, Sergei Sidorsky said. The head of the Belarusian government reminded that a set of measures was adopted in Belarus to maintain the economic security of the country in the conditions of the global financial crisis in October. They are aimed at helping the Belarusian economy adapt to the conditions of economic austerity, optimizing expenses and raw materials. “The financial resources were channeled into certain priority areas, the internal economic sector; a set of measures was adopted to support the banking system and promote the domestic products abroad,” the Prime Minister said. All this was designed to boost the exports of Belarusian enterprises, Sergei Sidorsky added. In his opinion, the current situation is going to be protracted, because the foreign market does not show any signs of stabilization. The state should spare no effort to avert the downturn in the trade and Belarusian exports, especially with those countries where Belarus has already found its niche. Almost every company has developed a system of anti-crisis measures. Now these efforts should be put into practice to get the expected results, Sergei Sidorsky underlined. The measures to liberalize the economy gave the enterprises more freedom to act. The major challenge we are facing today is to manufacture a product, sell it and gain profits. That should become the goal of all the enterprises of the country, the Prime Minster said.

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