In­vest­ing in En­trepreneur­ship

The Govern­ment of Be­larus will se­ri­ously con­sider the pro­pos­als con­tained in the National Busi­ness Plat­form

Economy of Belarus - - STATE AND PRIVATE BUSINESS - Yev­geniya MOROZ, Econ­omy of Be­larus Mag­a­zine

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

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