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Belarus President promises liberalization of economy, society

Both the economy and society will be liberalized in Belarus, President of Belarus Alexander Lukashenko said in an interview with heads of leading Belarusian mass media on December 18.


Alexander Lukashenko“We should break the bureaucratic stranglehold on the economy. Bureaucracy should not dominate the economy when the financial and economic crisis is raging on the world,” Alexander Lukashenko underlined. According to him, the economy should be given a chance to develop freely. “There should not be any excessive administrative pressure on the economy, all the processes should be liberalized and people should be given comfortable conditions to do their work,” he said.

The Belarusian Head of State underlined that it is essential to support the initiative of people, they should be able to register their enterprises freely and work comfortably. “We should give the state enterprises as much freedom as private business has,” Alexander Lukashenko underlined. He added that the state is ready to withdraw from those areas which can do better without state control.

The President noted that a number of enterprises will be privatized but it will be done at market prices. The key enterprises will only be sold in extraordinary circumstances. Today there are no such circumstances in Belarus, despite the global financial crisis.

Alexander Lukashenko informed that he signed important documents regarding the liberalization of economy. They will be published in the near future.

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