Lukashenka speaks against conducting economic reforms

The principles of the state economic policy will remain unchanged, Belarusian President Alyaksandr Lukashenka said at Tuesday’s meeting with representatives of the Council of Ministers.

“We will stick to the principles of the state economic policy that we have been shaping for years, no matter how much some might lament calling for changes. Changes are needed, but they are already underway and will continue, therefore life goes on. However if someone wants the changes that will disrupt the ongoing policy, this will never happen,” state-run news agency BelTA quotes Lukashenka.

According to him, as the presidential election is around the corner, there will be ‘alternative candidates’ who will suggest the destruction of the old system and changes.

Experts, foreign partners and even government officials repeatedly warned Alyaksandr Lukashenka of the imminence of a slowdown and economic crisis while there is no reforming. However, in fear of losing popularity and power, he still remains resistant to put strong measures in place. In return of loans and investments, Belarus’ European partners and international organisations demand our country carry out thorough reforms, but the head of state keeps rejecting their proposals saying that the reforms may ‘choke the Belarusian nation off‘.

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2019.05.02 07:43