Republic

MINSK, 21 July (BelTA) – Belarus’ Gross Domestic Product growth rate should account for 62-68% in the period from 2011 to 2015, Prime Minister Sergei Sidorsky said at a session of the national organizational committee in charge of the preparation of the 4th All-Belarus People’s Assembly. Considering the fact that Belarus has scarce mineral resources, the GDP growth should be fueled by large-scale accelerated modernization of the economy and through the creation of new breakthrough manufactures, Sergei Sidorsky believes. The economy is heavily dependent on the import of energy resources, raw materials. “The reality is that we need to make a living from high qualifications, intellect of specialists, resource-effective high-technology manufactures with high added value,” Sergei Sidorsky said. In the next five years the government will prioritize quality parameters of the economic growth, the Prime Minister underscored. “Above all, these are return on sales, growth of labor productivity and export of commodities and services,” he added.

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