Business news

MINSK, 29 April (BelTA) – Special attention should be given to the development of small and medium-sized enterprises (SMEs) in Belarus, President Alexander Lukashenko said when delivering the address to the nation and the parliament on 29 April, BelTA has learned.

Alexander Lukashenko emphasized that the requirements for setting up, managing, and closing a business should be simple and easy to understand not only on paper but also in practice. “The government together with entrepreneurs should review the whole chain, from setting up a business to closing it. Take a reasonable look at this process and significantly reduce the number of documents, statistical reports drawn up at all levels and at all stages. Pay special attention to the development of small and medium-sized enterprises. They are the basis for the prosperity of any economy and the stability of any state,” the President noted.