28 March 2024, Thursday, 16:52
Support
the website
Sim Sim,
Charter 97!
Categories

Lukashenka's Regime Is a Bankrupt

93
Lukashenka's Regime Is a Bankrupt

Government's plans to change the situation are fiction.

On April 5 "the House of Representatives" considers a draft program of socio-economic development of Belarus in 2016-2020. The document is still developed. The discussion starts today at 3 pm.

Earlier, Dzmitry Kruty, Deputy Economy Minister, voiced 9 sources of the economy growth in the country.

Radio Svaboda asked Leu Marholin to comment on government's plans on these nine positions.

1. "Effective work of the largest state enterprises due to changes in administration of assets and reduction of production cost."

Comment: "By definition state enterprises cannot take the lead in transformations in the economy, as well as they cannot be sources of efficiency growth. There were no challenges to deal with such enterprises earlier. But it resulted into nothing".

2. "Increase of payment history in reciprocal payments for goods, services."

Comment: "Problems with payments are not caused with the discipline, but with lack of money. And the way to find it is unknown."

3. "Development of Fair competition and a package of anti-monopoly measures."

Comment: "It would be good. But this is possible whilst full equality of all forms of property - state, private, etc. And I have doubts that it will happen."

4. Export development and diversification."

Comment: "Who has hampered the development? There have been attempts to cover countries near and far abroad. They tried to "discover" new markets. And here is no result again.

5. "Efficient import substitution using industry and regional programs within three groups of imported goods and improvement of defense activity of the domestic market, involving the share of Belarus in EAES and, potentially, in the WTO.

Comment: "Import substitution is a popular topic. I'd like to add that the most prominent example of import substitution is North Korea. If we take this course, we may succeed."

6. "Accelerated development of small- and mid-size business, its involvement in import substitution and especially regional programs."

Comment: "It is not clear what "small business" means. We saw the way the government had treated individual entrepreneurs in the first quarter. And any changes are not foreseen here".

7. "Attraction of foreign capital to create plants, development of lines of credit of China."

Comment: "Nobody prevented them from development of lines of credit of China. No serious foreign capital will be attracted, if no reforms are taken in economy, policy and legal system."

8. "Reduction of rates on bank loans".

Comment: This is the right way, only if the government is able to do it."

9. "Widespread economy and efficient use of all resources."

Comment: "It comes from socialist past - "economy must be thrifty."

Write your comment 93

Follow Charter97.org social media accounts