18.04.2012
Belarus government sees room for pay rise, lower lending rates
MINSK, 18 April (BelTA) – The Belarusian government signals that the country shows favorable conditions to raise salaries and relax interest rates on loans, Belarus Premier Mikhail Myasnikovich told President Alexander Lukashenko on 17 April.
In his words, the local budgets registered a total of Br3.9 trillion in surplus in Q1 2012. The bulk of it accumulated in Minsk, Minsk and Brest Oblasts.
“We can say that surplus is produced where prime attention is focused on production diversification and profitable projects,” Mikhail Myasnikovich said.
The President emphasized that people should be rewarded for hard work. “There is a good time to address the issues in the utilities sector, public transport, wages and interest rates on banking loans which are still very high,” the Premier said.
In Q1 the national industry showed 10.4% in profitability of sales, agriculture – 15.3%. Thus, the marketing policy indicates an improved situation for the economic agents of the country.
In his words, the local budgets registered a total of Br3.9 trillion in surplus in Q1 2012. The bulk of it accumulated in Minsk, Minsk and Brest Oblasts.
“We can say that surplus is produced where prime attention is focused on production diversification and profitable projects,” Mikhail Myasnikovich said.
The President emphasized that people should be rewarded for hard work. “There is a good time to address the issues in the utilities sector, public transport, wages and interest rates on banking loans which are still very high,” the Premier said.
In Q1 the national industry showed 10.4% in profitability of sales, agriculture – 15.3%. Thus, the marketing policy indicates an improved situation for the economic agents of the country.