Global infrastructure development plan announced in Belarus

MINSK, 12 Feb – RIA Novosti. Prime Minister of Belarus Roman Golovchenko said that the country has developed a global infrastructure development plan, which provides for financing of its activities in the amount of $ 10.9 billion.

“To facilitate the development of the investment cycle, a comprehensive document is being drawn up – the national infrastructure plan of Belarus. For the first time we have gathered in one fist all the need for infrastructure for the next five years,” the prime minister said, speaking at the All-Belarusian People's Assembly on Friday in Minsk.

He stressed that this is a concrete plan of action. “There should be no more chaos and disunity,” Golovchenko added.

The prime minister clarified that the plan includes about a thousand facilities with funding of over 28 billion Belarusian rubles ($ 10.9 billion), and the sources of funding for social facilities have already been found.

Golovchenko noted that the export strategy of Belarus has two goals – the creation of competitive products and access to foreign markets. According to him, new opportunities are provided by the expansion of financing of export creditor banks and insurers. “The resulting result will be foreign exchange earnings of more than $ 50 billion in 2025. And, of course, strengthening our foreign economic ties and cooperation with allies in the EAEU, the Union State in the context of economic integration processes is an important area,” the prime minister said.

He added that it is necessary to invest 200 billion Belarusian rubles (about $ 77 billion) in development over the five-year period in order to reach the planned growth parameters. Part of these funds will be credit resources.

The 6th All-Belarusian People's Assembly is being held at the Palace of the Republic in Minsk and will end on Friday. The total number of participants and invited guests of the VNS is 2700 people. The delegates discuss the main provisions of the draft program of the country's socio-economic development for 2021-2025 and the directions of the republic's socio-political development.

Author: wedocount

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