GDP growth – 4.1%. The most important forecast parameters for the development of Belarus for 2025 have been approved

01.10.2024 21:48

The most important forecast parameters for the development of Belarus for the next year have been approved.

The corresponding decree No. 384 was signed today by the country's president, Alexander Lukashenko.

What forecast parameters for the development of Belarus have been approved

As reported by the press service of the head of state, the decree maintains the focus of the country's economic policy on ensuring economic stability and increasing the well-being of citizens.

GDP growth next year is projected to reach 104.1% due to the implementation of three related programs: investment, production and export.

Targets have been set for the implementation of these programs. Export growth in 2025 should be 5.4%, mainly due to an increase in physical volumes. Investments should increase by 7.8%.

Palace of Independence
Photo: © Belnovosti

Successful implementation of production and investment plans will ensure growth in real incomes of citizens by 4%.

The policy of price containment will be maintained. For this purpose, the Council of Ministers and the National Bank have been set a target task to limit inflation to a level no higher than 5%.

A requirement has also been established for the Council of Ministers to approve a socio-economic development plan – a key instrument for achieving the most important parameters.

To assess the performance of government organizations, a list of key indicators will be determined.

Author: Timur Khomichev Internet resource editor