“Virtually 25% of the country's GDP is generated by entrepreneurs. The private sector employs a third of the economically active population. It accounts for a third of the investments and a third of the budget revenues,” Aleksandr Chervyakov said.
- In the new geopolitical realities, Belarus must rely on its own strengths and competences, Belarusian Economy Minister Aleksandr Chervyakov said during the opening ceremony of the Belarus Business Forum.
Aleksandr Chervyakov also spoke about work on foreign markets. “By now we have completely made up for the losses we incurred in the Western markets, in unfriendly countries. We have already made up for the decline caused by the loss of traditional partners. Consolidation within the country was key to this effort,” he added.
Belarusian Economy Minister Aleksandr Chervyakov commented on the factors that helped stabilizethe economic situation in Belarus as he spoke at the 24th international scientific conference.
According to Aleksandr Chervyakov, the experience of the last few years has convincingly proved that Belarus has to rely on its own strengths, look at its own competences and capabilities and shape future development bearing these factors in mind.