Belarus expects to raise $20bn in investments in 2013
2012-08-31 10:36:03
Belarus is expected to raise $20 billion in investments in 2013, Prime Minister of Belarus Mikhail Myasnikovich told President of Belarus Alexander Lukashenko on 30 August, BelTA learnt from the press service of the Belarusian head of state.
The Premier informed the head of state about the major approaches to socioeconomic and budget projections for 2013. According to Mikhail Myasnikovich, the targets are pretty challenging for the national economy. The GDP growth is projected at 8.5%, export at 15.2%. The emphasis is placed on innovative products, expansion of the commodity range and new productions. The government expects to raise $20 billion in investments next year. Br2 trillion will be allocated from the budget for the principally new innovative projects, the so-called innovation fund. Some of net profits of state-run companies will be channeled into priority projects that will shape the future of the Belarusian economy.
The President supported the approaches used by the government. A session will be held soon to review the fulfillment of 2012 targets and to discuss targets for 2013.