Belarus’ economy minister comments on new investment initiatives

Belarus’ Economy Minister Yuri Chebotar told the Belarus 1 TV channel about the strategic initiatives of the Economy Ministry and new approaches to investment activity in the country, BelTA has learned.

“Our strategic initiatives include, first of all, the National Strategy for Sustainable Social and Economic Development of the Republic of Belarus,” said Yuri Chebotar. “This document will span 15 years, and it lays out the main economic, demographic and other contours of our country in the future. The concept of the document has already been developed. We have put it out for consideration, and any citizen can contribute their views and vision of the future of our country,” the minister noted.

Yuri Chebotar added that the bill “On amendments to the Law of the Republic of Belarus “On investments” that came into force in the summer has recently passed the second reading. And now the Economy Ministry is set to make sure that all the new things introduced by this document materialize in new projects that will be launched almost immediately. “For example, we are introducing a tool for budget transfers. Accordingly, by the time it comes into force, we will select several projects that will use this tool. Thus, the law will immediately begin to work,” he added.