Belarusian President Alexander Lukashenko calls for quick and decisive action to make loans more affordable. "I will be frank. There is a lot of criticism on the part of business leaders, businessmen and ordinary people about the exorbitant interest rates,” Belarusian President Alexander Lukashenko said as he heard out a report of the government and the National Bank on Belarus' economic performance in 2014 and the forecast for 2015.
He stressed that he is awaiting on a response from the head of the National Bank on the issue of the affordability of credit resources. "When will this problem be solved? Of course, you cannot rush in this area, but delaying is dangerous. I believe that we must act more quickly and decisively,” he said.
"Please do not forget that the year 2015 is the final year of the current five-year period. You and I will have to report to people what we have done for the past five years at the next All-Belarusian Congress,” the President noted. According to him, in this regard the requirements to the quality of the 2015 forecast are special. The head of state added that the key terms are known. Belarus will enter the next year with the agreed oil balance, acceptable oil and gas supply terms. As a result of the agreements on the EEC the budget revenue increased by $1.5 billion from the transfer of export duties on oil products. "I wonder how the government is going to make use of these favorable terms. Has the issue of compensation for the losses over the so-called tax maneuver in Russia been resolved? What quantitative and qualitative parameters of development can we expect in 2015, taking into account the real situation?” he said addressing the Prime Minister.
Alexander Lukashenko also stressed that it is necessary to have a clear understanding of how the banking system will help address the challenges of the real production sector.
The President noted that he expects to get a clear answer whether the targets envisaged in the proposed draft policy documents for next year are, on the one hand, achievable, and, on the other hand, really ambitious for the real production and financial sectors.
Written by belta.by
