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Investment seen as main source of economic growth in Belarus

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MINSK, 23 October (BelTA) - Investment should become the main source of economic growth in the country, Belarusian Prime Minister Roman Golovchenko said as he met with deputies of the House of Representatives and the members of the Council of the Republic in the Oval Hall of the Government House to consider the draft laws “On the national budget for 2024” and “On amendments to the Tax Code of Belarus” on 23 October, BelTA has learned.

“The target task for the country’s National Bank and the government is to take measures to limit inflation to 6% [December 2024 to December 2023]. To achieve the most important parameters of the forecast defined by the decree, the government is set to approve the target social and economic development plan for the next year,” Roman Golovchenko said.

The main source of economic growth is still investment, “which should grow to the level of 19.2% of GDP. The growth should make up almost 4% year-on-year. This is Br47 billion, and exports, the value of which will exceed record-high $53 billion,” the prime minister added.

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