The Government of Belarus, in its 2015 action plan, will focus on transitioning to qualitative indicators.

19/01/20150 views

The Government of Belarus, in its action programme for 2015, will focus on the transition from quantitative to qualitative indicators. This was stated in an interview with journalists by Prime Minister Andrei Kobyakov, as reported by a BELTA correspondent.

Currently, the government's action programme for the current year is being prepared. "No significant innovations are expected within this document. The emphasis will primarily be on shifting the evaluation of activities from quantitative to qualitative indicators," said the head of government. It is also important to "align our needs with our capabilities."

Andrei Kobyakov recalled that a series of meetings were held with the Head of State during the preparation of the budget for 2015. Initially, the budget was calculated based on a forecast oil price of $100 per barrel, then $83. Currently, the oil price is slightly below $50. "Naturally, this requires adequate response measures from our side, so the government is calculating a scenario-based development model (and a draft version already exists), as no one in the world can yet predict at what level the oil price will stop, how economic events will develop further among our closest partners (Russia, CIS countries), as well as in the European Union, where the economy is also not straightforward," noted Andrei Kobyakov. "This indicates that we must very carefully review our budget expenditures."

At the same time, the head of government stressed: "There is no question of reducing social expenditures, wage payments, etc. However, we will probably have to forgo things that can be relinquished or resolve certain funding issues a little later." The main objective for this year is to ensure the balanced and progressive development of the Belarusian economy, the Prime Minister summarised.

News of Belarus (BELTA)