PHOTO OF THE IS­SUE

Economy of Belarus - - PHOTO OF THE ISSUE -

“Im­port sub­sti­tu­tion is a most im­por­tant state pri­or­ity, play­ing a cru­cial role in the eco­nomic se­cu­rity of our coun­try. It is vividly tes­ti­fied by the real sit­u­a­tion that took place on our cur­rency mar­ket, con­sumer mar­ket and other mar­kets in 2011, af­fect­ing in­ter­ests of both eco­nomic en­ti­ties and the en­tire pop­u­la­tion. The high im­port share in our econ­omy is one of the main rea­sons be­hind the for­eign cur­rency short­age,” Pres­i­dent of Be­larus Alexan­der Lukashenko said at the per­ma­nent sem­i­nar for ex­ec­u­tives of cen­tral state and re­gional gov­ern­ment bod­ies held to dis­cuss im­port sub­sti­tu­tion as the most im­por­tant fac­tor for bal­anced de­vel­op­ment of the na­tional econ­omy.

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