Opinions & Interviews

Forecasting system to help Belarus identify promising economic sectors

MINSK, 19 October (BelTA) – The development of scientifically based forecasting system will help Belarus identify highly-efficient and promising sectors of the economy, Chairman of the State Science and Technology Committee of Belarus Alexander Shumilin said at the international scientific conference held on 18 October to discuss forecasting problems and state regulation of the social and economic development, BelTA has learned.

According to Alexander Shumilin, a comprehensive forecast of scientific and technological progress can be used to identify a system of priorities for the scientific, technical and innovative activity in Belarus. This comprehensive forecast is a scientifically based idea of possible options for the country’s scientific and technological development in the medium and long-term period in the context of global scientific and technological trends.

“The purpose of the development of the comprehensive forecast of scientific and technological progress is to determine scientific and technological priorities for the subsequent economic development planning,” said Alexander Shumilin. In his words, the development of the system was launched in July 2018. There have been selected 14 major economic sectors that determine the main economic trends in Belarus and produce the bulk of the country’s gross domestic product. About 150 experts and specialists have been involved in the work on the comprehensive forecast of scientific and technological progress. At present the database contains about 640 objects of forecasting.

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