Investing in Entrepreneurship
The Government of Belarus will seriously consider the proposals contained in the National Business Platform
The government and private business in Belarus have reached a new stage in their constructive dialogue. That was particularly evident during the meeting of the Presidium of the Council of Ministers on 4 October 2011, during which, for the first time in the history of the independent Belarus, the National Business Platform was discussed. The dialogue in this format with broad participation of trade union representatives and associations showed mutual recognition and respect for the interests of the two economy sectors - the state and the private one. According to the government, the proposals of the entrepreneurs contained in the National Business Platform 2011 are very relevant. Directive No. 4 and the platform are the basic documents which implementation stimulates business growth and the creation of an enabling environment for entrepreneurship.
Prime Minister Mikhail Myasnikovich emphasized the importance of forming a new tool of government support for private business. According to him, the government has designed comprehensive proposals in this respect. All kinds of businesses will be given access to state support.
In this respect, an important role is given to the Development Bank of the Republic of Belarus that will provide financing for both state-run and private initiatives, and the priority will be given to import-substituting projects.
One of the priorities of the government for the coming years is providing support for processing companies that use local materials, innovation companies, and the services sector.
The prime minister has no doubts that the dialogue with businesses will be constructive and mutually beneficial. The necessary regulatory framework is in place and everything is ready for this.
“Proposals from businesses are very important for us because the government intends to design a set of regulatory documents of direct action in 2012,” he says.
To improve the business climate, the government is implementing Directive No. 4 “On the Development
Begoml Forestry Enterprise, Vitebsk Oblast, has started making eco-friendly firewood – pellets – from wood chips
and saw dust