Draft decree on state investment programme for 2025 discussed with Lukashenko’s participation
President of Belarus Aleksandr Lukashenko has convened a meeting to discuss a draft decree of the state investment programme for 2025 today. Before reporting, the Head of State once again stressed that the new year would be no less difficult than 2024. At the same time, Belarusians should not rely primarily on the market capacity, including the one of their main ally.
Aleksandr Lukashenko explained, “Russians' forecast for key development indicators is extremely cautious: economic growth in the range of 1.5-2.5 percent, double-digit bank rates, and a growing budget deficit (more than 1.2 trillion Roubles). At the same time, the Belarusian Government sets the current year's GDP performance indicator above 104 percent – which is not bad. Investments at the level of almost 108 percent are the main source of GDP growth. Around Br50 are planned to be mastered – which will make about 18 percent of GDP.”
According to Aleksandr Lukashenko, the Government and the President Administration see reaching the investment security threshold of at least 20 percent of GDP as their main goal. Only at this level will Belarus be able to ensure economic growth in the future. In this regard, the Head of State asked to what extent this figure is justified.
As for the structure of investments in the areas of financing, it practically does not change, and Aleksandr Lukashenko noted, “This includes three key blocks, and real sector projects (approximately 60 percent of investments) account for the lion's share. Housing construction covers about 20 percent, and the last block includes engineering, transport and social infrastructure. The construction of the latter is the responsibility of the state: we finance these facilities within the framework of the state investment programme and similar regional programmes.”
The Head of State stressed that about Br6.5bn will be needed from all budgets for these purposes. The state investment programme includes facilities worth more than Br2bn, and regional projects will need Br4bn.
photos: www.president.gov.by
