Andrei Kobyakov took part at the board meeting of the Ministry of Economy

The Prime Minister of Belarus Andrei Kobyakov took part at the board meeting of the Ministry of Economy about the work of the Ministry in 2015 and objectives for 2016.

It was noted that the priority of the work of the Ministry - to create conditions for improving the competitiveness of the system of the Belarusian economy and the main adverse factor for this - the uncertainty and rapid variability of environmental conditions.

In this connection, an important task of the Ministry defined the improvement of economic governance of the system to adapt to rapidly changing conditions and to develop proposals for improving the style and methods of work of state administration bodies, the Government as a whole. In this case the Ministry of Economy announced the transformation of the structure and its optimization features to improve the work of the department.

Another major task - development and implementation of specific measures for the financial restructuring of the economy, to ensure the effectiveness and profitability of enterprises.

The key priorities in 2016 and the five-year period as a whole called: employment, exports and investments.

In view of the identified objectives and priorities in the current year, the Ministry of Economy will continue its work on the participation of the Republic of Belarus in the Eurasian Economic Union. One of the key activities of the Ministry of Economy will be the development of investment cooperation with China. Front work will include other issues. Among them - the expansion of cooperation with international economic organizations (World Bank, European Bank for Reconstruction and Development, European Investment Bank), support the first pilot projects based on public-private partnerships and coordination of work of state bodies and local executive bodies on the development of infrastructure projects through PPP , to develop proposals to improve the investment climate, creating an attractive business environment and support for small and medium-sized businesses.

Also during college, it was stated that the work in these areas will go, both in terms of promoting and coordinating the implementation of the previously announced and formulated initiatives and in terms of the development of new strategies and the necessary documents, including in conjunction with the departments concerned.

During the meeting the question of new approaches in the field of macroeconomic forecasting raised, more accurate forecasting and adjusting instruments in a changing environment.

The outcome of the board approved the report on the work of the Ministry of Economy in 2015, the board adopted a resolution on the organization of the Ministry of Economy in 2016.

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