Исследовательский Центр ИПМ
Kasrtyčnicki Ekanamičny Forum

Belarusian Monthly Economic Review, №3(126), March 2013

During a government session under chairmanship of A. Lukashenko, a number of theses were announced, which probably will form a scenario of economic development in the near future. Modernization and promotion of exports were mentioned as key goals, solution of which should assure increase of economic growth rate. Modernization was mainly treated as a large-scale renewal of active part of fixed assets, which correspondingly also means improvement of technical structure of investments. Obviously, such scenario of modernization will have a positive impact on perspectives of economic growth. However, optimality of such strategy is ambiguous.

Other topics of the issue:

  • GDP grew due to the taxes on products.
  • Consolidated surplus amounted to 0.5% of GDP.
  • Acceleration of inflation.